Can Micron Technology Inc’s (MU) drop of -5.98% in a week be considered a lucky break?

On Monday, Micron Technology Inc (NASDAQ: MU) was 2.34% up from the session before settling in for the closing price of $94.72. A 52-week range for MU has been $83.54 – $157.54.

A company in the Technology sector has jumped its sales by 8.79% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 437.87%. With a float of $1.11 billion, this company’s outstanding shares have now reached $1.12 billion.

In an organization with 48000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 34.73%, operating margin of 19.67%, and the pretax margin is 16.66%.

Micron Technology Inc (MU) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Micron Technology Inc stocks. The insider ownership of Micron Technology Inc is 0.44%, while institutional ownership is 79.76%. The most recent insider transaction that took place on Mar 14 ’25, was worth 652,500. In this transaction SVP, Chief Legal Officer of this company sold 6,525 shares at a rate of $100.00, taking the stock ownership to the 92,437 shares. Before that another transaction happened on Mar 14 ’25, when Company’s Officer proposed sale 6,525 for $94.88, making the entire transaction worth $619,092.

Micron Technology Inc (MU) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 437.87% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 111.11% during the next five years compared to -33.89% drop over the previous five years of trading.

Micron Technology Inc (NASDAQ: MU) Trading Performance Indicators

You can see what Micron Technology Inc (MU) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.45. Likewise, its price to free cash flow for the trailing twelve months is 178.23.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.16, a number that is poised to hit 1.57 in the next quarter and is forecasted to reach 11.14 in one year’s time.

Technical Analysis of Micron Technology Inc (MU)

Let’s dig in a bit further. During the last 5-days, its volume was 32.58 million. That was better than the volume of 23.03 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 58.43%. Additionally, its Average True Range was 5.14.

During the past 100 days, Micron Technology Inc’s (MU) raw stochastic average was set at 43.56%, which indicates a significant decrease from 59.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 70.32% in the past 14 days, which was higher than the 63.76% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $96.64, while its 200-day Moving Average is $104.37. However, in the short run, Micron Technology Inc’s stock first resistance to watch stands at $98.46. Second resistance stands at $99.99. The third major resistance level sits at $101.55. If the price goes on to break the first support level at $95.37, it is likely to go to the next support level at $93.81. The third support level lies at $92.28 if the price breaches the second support level.

Micron Technology Inc (NASDAQ: MU) Key Stats

There are 1,114,172K outstanding shares of the company, which has a market capitalization of 108.01 billion. As of now, sales total 25,111 M while income totals 778,000 K. Its latest quarter income was 8,709 M while its last quarter net income were 1,870 M.