Micron Technology Inc (NASDAQ:MU) shares, rose in value, with the stock price down by -1.78% to the previous day’s close as strong demand from buyers drove the stock to $68.09.
Actively observing the price movement in the recent trading, the stock is buoying the session at $69.33, falling within a range of $67.08 and $70.48. The value of beta (5-year monthly) is 1.183 whereas the PE ratio is 16.37 over 12-month period. Referring to stock’s 52-week performance, its high was $157.54, and the low was $61.54. On the whole, MU has fluctuated by -33.28% over the past month.
With the market capitalization of Micron Technology Inc currently standing at about $76.10 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-19. The company’s Forward Dividend Ratio is 0.46, with its dividend yield at 0.68%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 35.43B, with a low estimate of 8.72B and a high estimate of 8.87B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 8.81B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MU’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.15, with the price of MU currently trading nearly -14.44% and -23.94% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.39, while the 7-day volatility ratio is showing 5.63% which for the 30-day chart, stands at 7.12%. Furthermore, Micron Technology Inc (MU)’s beta value is 1.27, and its average true range (ATR) is 5.95.
A comparison of Micron Technology Inc (MU) with its peers suggests the former has fared considerably weaker in the market. MU showed an intraday change of -1.78% in today’s session so far, and over the past year, it shrunk by -44.08%%.
Data on historical trading for Micron Technology Inc (NASDAQ:MU) indicates that the trading volumes over the past 10 days have averaged 40.56 and over the past 3 months, they’ve averaged 24.73 million. According to company’s latest data on outstanding shares, there are 1.12 billion shares outstanding.
Nearly 0.44% of Micron Technology Inc’s shares belong to company insiders and institutional investors own 79.55% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 28.55 million shares as on 2025-03-31, resulting in a short ratio of 1.22. According to the data, the short interest in Micron Technology Inc (MU) stood at 256.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 32.0 million. The stock has fallen by -19.09% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MU stock heading into the next quarter.
