Micron Technology Inc (NASDAQ: MU) started the day on Wednesday, with a price increase of 3.37% at $103.20, before settling in for the price of $99.84 at the close. Taking a more long-term approach, MU posted a 52-week range of $72.93-$157.54.
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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 8.79%. Meanwhile, its Annual Earning per share during the time was -33.89%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 588.48%. This publicly-traded company’s shares outstanding now amounts to $1.11 billion, simultaneously with a float of $1.11 billion. The organization now has a market capitalization sitting at $114.97 billion. At the time of writing, stock’s 50-day Moving Average stood at $103.93, while the 200-day Moving Average is $110.26.
Micron Technology Inc (MU) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Semiconductors Industry. Micron Technology Inc’s current insider ownership accounts for 0.41%, in contrast to 77.81% institutional ownership. According to the most recent insider trade that took place on Oct 21 ’24, this organization’s SVP, Worldwide Sales sold 10,000 shares at the rate of 109.03, making the entire transaction reach 1,090,300 in total value, affecting insider ownership by 179,032.
Micron Technology Inc (MU) Earnings and Revenue Records
Micron Technology Inc’s EPS increase for this current 12-month fiscal period is 588.48% and is forecasted to reach 12.75 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 17.10% through the next 5 years, which can be compared against the -33.89% growth it accomplished over the previous five years trading on the market.
Micron Technology Inc (NASDAQ: MU) Trading Performance Indicators
Let’s observe the current performance indicators for Micron Technology Inc (MU). It’s Quick Ratio in the last reported quarter now stands at 1.68. The Stock has managed to achieve an average true range (ATR) of 3.71. Alongside those numbers, its PE Ratio stands at $153.09, and its Beta score is 1.15. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.58. Similarly, its price to free cash flow for trailing twelve months is now 950.16.
In the same vein, MU’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.67, a figure that is expected to reach 1.73 in the next quarter, and analysts are predicting that it will be 12.75 at the market close of one year from today.
Technical Analysis of Micron Technology Inc (MU)
If we take a close look at the recent performances of Micron Technology Inc (NASDAQ: MU), its last 5-days Average volume was 17.42 million that shows plunge from its year to date volume of 21.42 million. During the previous 9 days, stock’s Stochastic %D was recorded 43.01% While, its Average True Range was 3.67.
Raw Stochastic average of Micron Technology Inc (MU) in the period of the previous 100 days is set at 40.73%, which indicates a major fall in contrast to 70.56% 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 34.23% that was lower than 53.51% volatility it exhibited in the past 100-days period.
