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Does Microsoft Corporation (NASDAQ: MSFT) Need To Rethink Its Strategy?

Microsoft Corporation (NASDAQ:MSFT) price is hovering lower on Monday, February 12, dropping -0.63% below its previous close.

A look at today’s price movement shows that the recent level at last check reads $420.55. The company’s 5Y monthly beta was ticking 0.90 while its P/E ratio in the trailing 12-month period read 37.80. Taking into account the 52-week price action we note that the stock hit a 52-week high of $420.82 and 52-week low of $245.61. The stock added 8.65% on its value in the past month.

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Microsoft Corporation, which has a market valuation of $3105.09 billion, is expected to release its quarterly earnings report Apr 23, 2024 – Apr 29, 2024. The company stock has a Forward Dividend ratio of 2.95 (0.70%), while the dividend yield is 2.79 (0.67%). It is understandable that investor optimism is growing ahead of the company’s current quarter results.

Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give MSFT a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.

If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 2.32. The overview shows that MSFT’s price is at present 3.72% off the SMA20 and 8.47% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 67.83, with weekly volatility standing at 1.37%. The indicator jumps to 1.61% when calculated based on the past 30 days. Microsoft Corporation (NASDAQ:MSFT)’s beta value is holding at 0.90, while the average true range (ATR) indicator is currently reading 6.56.

Turning out attention to how the Microsoft Corporation stock has performed in comparison to its peers in the industry, here’s what we find: MSFT’s stock is -0.63% on the day and 58.52% in the past 12 months. Turning out attention to how the Microsoft Corporation stock has performed in comparison to its peers in the industry, here’s what we find: MSFT’s stock is -0.63% on the day and 58.52% in the past 12 months. As for Microsoft Corporation, the P/E ratio stands at 37.80 higher than that of Apple Inc.’s at 29.25 and Alphabet Inc. Cl C’s 25.71.

An analysis of the Microsoft Corporation (NASDAQ:MSFT) stock in terms of its daily trading volume indicates that the 3-month average is 0.86. However, this figure increases on the past 10-day timeline to an average of 27.41 million.

Current records show that the company has 7.43B in outstanding shares. The insiders’ percentage holdings are 1.51% of outstanding shares while the percentage share held by institutions stands at 72.20%. The stats also highlight that short interest as of Jan 31, 2024, stood at 49.88 million shares, which puts the short ratio at the time at 1.98. From this we can glean that short interest is 0.67% of company’s current outstanding shares. Notably, we see that shares short in January fall slightly given the previous month’s figure stood at 51.39 million. But the 11.13% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.