Micron Technology Inc (NASDAQ: MU) open the trading on Thursday, with great promise as it jumped 3.92% to $92.50, before settling in for the price of $89.01 at the close. Taking a more long-term approach, MU posted a 52-week range of $79.15-$157.54.
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The Technology sector firm’s twelve-monthly sales growth has been 8.79% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -33.89%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 443.52%. 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 $103.06 billion. At the time of writing, stock’s 50-day Moving Average stood at $97.97, while the 200-day Moving Average is $108.85.
Micron Technology Inc (MU) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Semiconductors industry. Micron Technology Inc’s current insider ownership accounts for 0.41%, in contrast to 77.70% institutional ownership. Preceding that transaction, on Jan 07 ’25, Company’s CVP, Chief Accounting Officer sold 5,000 for 101.76, making the whole transaction’s value amount to 508,800. This particular insider is now the holder of 54,518 in total.
Micron Technology Inc (MU) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.6 per share during the current fiscal year.
Micron Technology Inc’s EPS increase for this current 12-month fiscal period is 443.52% and is forecasted to reach 11.17 in the upcoming year.
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 1.75. The Stock has managed to achieve an average true range (ATR) of 5.10. Alongside those numbers, its PE Ratio stands at $26.71, and its Beta score is 1.18. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.54. Similarly, its price to free cash flow for trailing twelve months is now 186.03.
In the same vein, MU’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.46, a figure that is expected to reach 1.44 in the next quarter, and analysts are predicting that it will be 11.17 at the market close of one year from today.
Technical Analysis of Micron Technology Inc (MU)
[Micron Technology Inc, MU] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 9.02% While, its Average True Range was 5.19.
Raw Stochastic average of Micron Technology Inc (MU) in the period of the previous 100 days is set at 28.66%, which indicates a major rise in contrast to 20.69% 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 70.43% that was higher than 61.44% volatility it exhibited in the past 100-days period.
