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.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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.
