Microsoft Corporation (NASDAQ:MSFT) shares, rose in value on Friday, January 03, with the stock price up by 0.75% to the previous day’s close as strong demand from buyers drove the stock to $421.71.
Actively observing the price movement in the recent trading, the stock is buoying the session at $418.58, falling within a range of $420.15 and $423.74. The value of beta (5-year monthly) is 0.904 whereas the PE ratio is 34.81 over 12-month period. Referring to stock’s 52-week performance, its high was $468.35, and the low was $366.50. On the whole, MSFT has fluctuated by -2.20% over the past month.
With the market capitalization of Microsoft Corporation currently standing at about $3135.36 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 3.08, with its dividend yield at 0.73%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 278.64B, with a low estimate of 68.49B and a high estimate of 70.52B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 68.87B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MSFT’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy 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 2.53, with the price of MSFT currently trading nearly -3.81% and -1.57% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.75, while the 7-day volatility ratio is showing 1.71% which for the 30-day chart, stands at 1.71%. Furthermore, Microsoft Corporation (MSFT)’s beta value is 0.90, and its average true range (ATR) is 7.97.
A comparison of Microsoft Corporation (MSFT) with its peers suggests the former has fared considerably weaker in the market. MSFT showed an intraday change of 0.75% in today’s session so far, and over the past year, it grew by 13.79%%.
Data on historical trading for Microsoft Corporation (NASDAQ:MSFT) indicates that the trading volumes over the past 10 days have averaged 20.76 and over the past 3 months, they’ve averaged 20.70 million. According to company’s latest data on outstanding shares, there are 7.44 billion shares outstanding.
Nearly 1.48% of Microsoft Corporation’s shares belong to company insiders and institutional investors own 72.50% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 60.22 million shares as on 2024-12-13, resulting in a short ratio of 2.78. According to the data, the short interest in Microsoft Corporation (MSFT) stood at 81.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 56.02 million. The stock has risen by 0.05% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MSFT stock heading into the next quarter.
