As on Wednesday, Microchip Technology, Inc (NASDAQ: MCHP) started slowly as it slid -0.79% to $67.87, before settling in for the price of $68.41 at the close. Taking a more long-term approach, MCHP posted a 52-week range of $62.62-$100.57.
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The Technology Sector giants’ yearly sales growth during the last 5-year period was 8.26%. Meanwhile, its Annual Earning per share during the time was 37.42%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -67.03%. This publicly-traded company’s shares outstanding now amounts to $536.66 million, simultaneously with a float of $525.57 million. The organization now has a market capitalization sitting at $36.16 billion. At the time of writing, stock’s 50-day Moving Average stood at $74.10, while the 200-day Moving Average is $84.04.
Microchip Technology, Inc (MCHP) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Semiconductors industry. Microchip Technology, Inc’s current insider ownership accounts for 2.13%, in contrast to 94.57% institutional ownership. According to the most recent insider trade that took place on Nov 25 ’24, this organization’s SENIOR VP AND CFO sold 4,688 shares at the rate of 67.75, making the entire transaction reach 317,612 in total value, affecting insider ownership by 33,272.
Microchip Technology, Inc (MCHP) Earnings and Revenue Records
Microchip Technology, Inc’s EPS decrease for this current 12-month fiscal period is -67.03% and is forecasted to reach 2.52 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 3.86% through the next 5 years, which can be compared against the 37.42% growth it accomplished over the previous five years trading on the market.
Microchip Technology, Inc (NASDAQ: MCHP) Trading Performance Indicators
Let’s observe the current performance indicators for Microchip Technology, Inc (MCHP). It’s Quick Ratio in the last reported quarter now stands at 0.48. The Stock has managed to achieve an average true range (ATR) of 2.49. Alongside those numbers, its PE Ratio stands at $47.33, and its Beta score is 1.49. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 6.58. Similarly, its price to free cash flow for trailing twelve months is now 23.94.
In the same vein, MCHP’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.43, a figure that is expected to reach 0.31 in the next quarter, and analysts are predicting that it will be 2.52 at the market close of one year from today.
Technical Analysis of Microchip Technology, Inc (MCHP)
Through scrutinizing the latest numbers posted by the [Microchip Technology, Inc, MCHP], it can be observed that its last 5-days Average volume of 7.58 million was better the volume of 6.08 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 71.80% While, its Average True Range was 2.53.
Raw Stochastic average of Microchip Technology, Inc (MCHP) in the period of the previous 100 days is set at 15.27%, which indicates a major fall in contrast to 48.10% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 41.51% that was lower than 43.92% volatility it exhibited in the past 100-days period.
