Micron Technology Inc (NASDAQ:MU) shares, rose in value, with the stock price down by -0.47% to the previous day’s close as strong demand from buyers drove the stock to $91.70.
Actively observing the price movement in the recent trading, the stock is buoying the session at $92.13, falling within a range of $89.61 and $92.205. The value of beta (5-year monthly) is 1.228 whereas the PE ratio is 22.04 over 12-month period. Referring to stock’s 52-week performance, its high was $157.54, and the low was $83.54. On the whole, MU has fluctuated by -6.15% over the past month.
With the market capitalization of Micron Technology Inc currently standing at about $102.48 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 0.50%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 35.39B, 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 0.20, with the price of MU currently trading nearly -3.42% and -4.85% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.63, while the 7-day volatility ratio is showing 4.25% which for the 30-day chart, stands at 5.01%. Furthermore, Micron Technology Inc (MU)’s beta value is 1.17, and its average true range (ATR) is 4.90.
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 -0.47% in today’s session so far, and over the past year, it shrunk by -21.71%%.
Data on historical trading for Micron Technology Inc (NASDAQ:MU) indicates that the trading volumes over the past 10 days have averaged 27.28 and over the past 3 months, they’ve averaged 22.93 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 79.75% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 30.82 million shares as on 2025-03-14, resulting in a short ratio of 1.51. According to the data, the short interest in Micron Technology Inc (MU) stood at 277.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 37.87 million. The stock has risen by 8.96% 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.
