The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. Year to date metric has recorded a loss of -3.20%.However, over the last six months, we can see a weaker performance of 12.75%. Over the last 30 days, the price of MU has leaped by -5.04%. And in the last five days, it has fallen by -2.47%.
Micron Technology Inc (MU) currently has a stock price of $115.68. The stock saw a sharp increase in the last trading session, hitting a high of $200.0 after opening at $115.45. The lowest recorded price for the day was $60.0 before it closed at $114.39.
Micron Technology Inc had a pretty favorable run when it comes to the market performance.
52-week price history of MU Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Micron Technology Inc’s current trading price is -10.91% away from its 52-week high, while its distance from the 52-week low is 87.97%. The stock’s price range for this period has been between $61.54 and $129.85. The Technology sector company’s shares saw a trading volume of about 7.49 million for the day, which was lower than the average daily volume of 21.79 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Micron Technology Inc (MU) has experienced a quarterly rise of 68.14% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 129.46B and boasts a workforce of 48000 employees.
Expert Opinions: Analysts’ Ratings for Micron Technology Inc
As of right now, 25 analysts are rating Micron Technology Inc as a BUY, 6 of the polled analysts branded the stock as an OVERWEIGHT, 5 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
How Moving Averages and Trading Volume Data Work Together
MU’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for MU stands at 0.32. Similarly, the long-term debt-to-equity ratio is also 0.31.
MU Stock Stochastic Average
As of today, the raw stochastic average of Micron Technology Inc over the past 50 days is 94.88%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 94.88%. Additionally, the Stochastic %K and %D values for the company were 84.08% and 65.47%, respectively, over the past 20 days.
