Microchip Technology, Inc (NASDAQ:MCHP) shares, rose in value, with the stock price up by 3.24% to the previous day’s close as strong demand from buyers drove the stock to $77.1.
Actively observing the price movement in the recent trading, the stock is buoying the session at $74.68, falling within a range of $75.52 and $77.2. The value of beta (5-year monthly) is 1.463. Referring to stock’s 52-week performance, its high was $96.98, and the low was $34.12. On the whole, MCHP has fluctuated by 13.30% over the past month.
With the market capitalization of Microchip Technology, Inc currently standing at about $41.61 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-08. The company’s Forward Dividend Ratio is 1.82, with its dividend yield at 2.36%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MCHP’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of MCHP currently trading nearly 9.05% and 22.92% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 74.77, while the 7-day volatility ratio is showing 3.22% which for the 30-day chart, stands at 3.05%. Furthermore, Microchip Technology, Inc (MCHP)’s beta value is 1.54.
A comparison of Microchip Technology, Inc (MCHP) with its peers suggests the former has fared considerably weaker in the market. MCHP showed an intraday change of 3.24% in today’s session so far, and over the past year, it grew by 34.44%%.
Data on historical trading for Microchip Technology, Inc (NASDAQ:MCHP) indicates that the trading volumes over the past 10 days have averaged 7.31 and over the past 3 months, they’ve averaged 10.31 million. According to company’s latest data on outstanding shares, there are 538.70 million shares outstanding.
Nearly 2.13% of Microchip Technology, Inc’s shares belong to company insiders and institutional investors own 97.15% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 37.37 million shares as on 2025-06-13, resulting in a short ratio of 3.79. According to the data, the short interest in Microchip Technology, Inc (MCHP) stood at 810.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 30.54 million. The stock has fallen by -17.32% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MCHP stock heading into the next quarter.
