The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Micron Technology Inc.’s current trading price is -29.44% away from its 52-week high, while its distance from the 52-week low is 74.01%. The stock’s price range for this period has been between $63.88 and $157.54 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 16.63 million for the day, a number notably lower than the average daily volume of 25.21 million over the last three months.
In terms of market performance, Micron Technology Inc. had a fairly even. The highest value for the stock in the past year was $157.54 on 06/18/24, and the lowest value was recorded at $63.88 on 10/26/23.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Micron Technology Inc. (MU) has experienced a quarterly decline of -3.58% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 123.24B and boasts a workforce of 48000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 111.61, with a change in price of -21.52. Similarly, Micron Technology Inc. recorded 25,183,418 in trading volume during the last 100 days, posting a change of -16.22%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to 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
As of today, Micron Technology Inc.’s raw stochastic average for the last 50 days stands at 88.10%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 83.57%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 84.25% and 78.21%, respectively.
MU Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant gain of 30.24% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 4.10%. Over the past 30 days, the price of MU has fallen by 24.54%. And in the last five days, it has surged by 3.96%.
