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. Year to date metric has recorded a loss of -23.99%.However, over the last six months, we can see a stronger performance of -28.26%. Over the last 30 days, the price of MCHP has leaped by -11.20%. And in the last five days, it has surged by 5.66%.
Microchip Technology, Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $100.57 on 05/24/24 and the lowest value was $62.62 on 11/15/24.
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52-week price history of MCHP Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Microchip Technology, Inc’s current trading price is -31.84% away from its 52-week high, while its distance from the 52-week low is 9.46%. The stock’s price range during this period has varied between$62.62 and $100.57. The Microchip Technology, Inc’s shares, which operate in the Technology, saw a trading volume of around 2.4 million for the day, a figure considerably lower than their average daily volume of 6.16 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Microchip Technology, Inc (MCHP) has experienced a quarterly decline of -13.66% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 36.81B and boasts a workforce of 22300 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 78.30, with a change in price of -24.50. Similarly, Microchip Technology, Inc recorded 6,459,721 in trading volume during the last 100 days, posting a change of -26.27%.
MCHP’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 MCHP stands at 1.03. Similarly, the long-term debt-to-equity ratio is also 0.71.
MCHP Stock Stochastic Average
Microchip Technology, Inc’s raw stochastic average for the past 50 days is presently 32.26%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 39.58%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 35.57% and 28.79%, respectively.
