In terms of market performance, Micron Technology Inc. had a somewhat regular. The highest value for the stock in the past year was $157.54 on 06/18/24, while the lowest value was $63.88 on 10/26/23.
52-week price history of MU Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Micron Technology Inc.’s current trading price is -35.09% away from its 52-week high, while its distance from the 52-week low is 60.08%. The stock’s price range during this period has fluctuated between $63.88 and $157.54. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 21.89 million for the day, which was evidently lower than the average daily volume of 25.62 million over the last three months.
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Financial Performance and Market Capitalization
Micron Technology Inc. (MU) has experienced a quarterly decline of -21.76% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 113.38B and boasts a workforce of 48000 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 113.73, with a change in price of -20.75. Similarly, Micron Technology Inc. recorded 24,631,475 in trading volume during the last 100 days, posting a change of -16.87%.
MU Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for MU stands at 0.31. Similarly, the long-term debt-to-equity ratio is also 0.30.
MU Stock Stochastic Average
Micron Technology Inc.’s raw stochastic average for the past 50 days is currently at 59.09%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 59.09%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 56.02% and 55.30%, respectively.
MU Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant gain of 19.81% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -17.26%. Over the past 30 days, the price of MU has fallen by 14.39%. And in the last five days, it has fallen by -4.88%.
