On Monday, Micron Technology Inc (NASDAQ: MU) opened lower -1.45% from the last session, before settling in for the closing price of $91.24. Price fluctuations for MU have ranged from $79.15 to $157.54 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 8.79%. Company’s average yearly earnings per share was noted 443.52% at the time writing. With a float of $1.11 billion, this company’s outstanding shares have now reached $1.11 billion.
The extent of productivity of a business whose workforce counts for 48000 workers is very important to gauge. In terms of profitability, gross margin is 30.92%, operating margin of 14.97%, and the pretax margin is 13.69%.
Micron Technology Inc (MU) Insider Updates
A key investor’s attitude towards the stock of the Semiconductors industry is another important factor to consider. The insider ownership of Micron Technology Inc is 0.41%, while institutional ownership is 77.70%. The most recent insider transaction that took place on Jan 30 ’25, was worth 2,304,700. Before that another transaction happened on Jan 07 ’25, when Company’s CVP, Chief Accounting Officer sold 5,000 for $101.76, making the entire transaction worth $508,800. This insider now owns 54,518 shares in total.
Micron Technology Inc (MU) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.6 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 443.52% per share during the next fiscal year.
Micron Technology Inc (NASDAQ: MU) Trading Performance Indicators
Check out the current performance indicators for Micron Technology Inc (MU). In the past quarter, the stock posted a quick ratio of 1.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.44. Likewise, its price to free cash flow for the trailing twelve months is 180.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.46, a number that is poised to hit 1.44 in the next quarter and is forecasted to reach 11.17 in one year’s time.
Technical Analysis of Micron Technology Inc (MU)
The latest stats from [Micron Technology Inc, MU] show that its last 5-days average volume of 24.36 million was inferior to 26.16 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 15.10%. Additionally, its Average True Range was 4.85.
During the past 100 days, Micron Technology Inc’s (MU) raw stochastic average was set at 20.41%, which indicates a significant increase from 9.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 68.66% in the past 14 days, which was higher than the 61.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $97.72, while its 200-day Moving Average is $108.54. Now, the first resistance to watch is $91.54. This is followed by the second major resistance level at $93.16. The third major resistance level sits at $94.92. If the price goes on to break the first support level at $88.16, it is likely to go to the next support level at $86.40. Assuming the price breaks the second support level, the third support level stands at $84.78.
Micron Technology Inc (NASDAQ: MU) Key Stats
There are currently 1,114,172K shares outstanding in the company with a market cap of 100.19 billion. Presently, the company’s annual sales total 25,111 M according to its annual income of 778,000 K. Last quarter, the company’s sales amounted to 8,709 M and its income totaled 1,870 M.
