A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price gain of 6.52% this year. Over the last six months, there has been a stronger performance of -17.25%. The price of MU leaped by -16.09% during the last 30 days period. For the last 5-days stocks have slided -0.35%.
Micron Technology Inc. ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $157.54 on 06/18/24, while the lowest value for the same period was recorded at $63.83 on 09/28/23.
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52-week price history of MU Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Micron Technology Inc.’s current trading price is -42.30% away from its 52-week high, while its distance from the 52-week low is 42.41%. The stock’s price range during this period has varied between$63.83 and $157.54. The Micron Technology Inc.’s shares, which operate in the Technology, saw a trading volume of around 28.63 million for the day, a figure considerably higher than their average daily volume of 25.25 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Micron Technology Inc. (MU) has experienced a quarterly decline of -34.86% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 100.79B and boasts a workforce of 43000 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 115.35, with a change in price of -23.46. Similarly, Micron Technology Inc. recorded 22,171,672 in trading volume during the last 100 days, posting a change of -20.51%.
MU’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for MU stands at 0.32. Similarly, the long-term debt-to-equity ratio is also 0.30.
MU Stock Stochastic Average
As of today, Micron Technology Inc.’s raw stochastic average for the last 50 days stands at 13.23%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 33.42%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 21.51% and 17.04%, respectively.
