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 20.27% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -20.74%. Over the past 30 days, the price of MU has leaped by -3.94%. And in the last five days, it has surged by 6.54%.
Micron Technology Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $157.54 on 06/18/24 and the lowest value was $72.93 on 12/06/23.
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 -34.85% away from its 52-week high, while its distance from the 52-week low is 40.74%. The stock’s price range during this period has varied between$72.93 and $157.54. The Micron Technology Inc’s shares, which operate in the Technology, saw a trading volume of around 12.04 million for the day, a figure considerably lower than their average daily volume of 22.09 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Micron Technology Inc (MU) has experienced a quarterly rise of 3.77% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 113.67B and boasts a workforce of 48000 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 103.68, with a change in price of -34.18. Similarly, Micron Technology Inc recorded 22,508,135 in trading volume during the last 100 days, posting a change of -24.98%.
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 0.31. 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 57.89%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 37.88%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 30.51% and 21.59%, respectively.
