Micron Technology Inc (NASDAQ:MU) shares, rose in value on Wednesday, June 18, with the stock price up by 1.23% to the previous day’s close as strong demand from buyers drove the stock to $121.82.
Actively observing the price movement in the last trading, the stock closed the session at $120.34, falling within a range of $120.18 and $122.97. The value of beta (5-year monthly) was 1.281 whereas the PE ratio was 29.28 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 23.49% over the past month.
With the market capitalization of Micron Technology Inc currently standing at about $136.14 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-20. The company’s Forward Dividend Ratio is 0.46, with its dividend yield at 0.38%.
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% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.28, with the price of MU currently trading nearly 14.85% and 34.41% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 82.96, while the 7-day volatility ratio is showing 1.76% which for the 30-day chart, stands at 2.02%. Furthermore, Micron Technology Inc (MU)’s beta value is 1.28, and its average true range (ATR) is 3.88.
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 1.23% in last session, and over the past year, it shrunk by -13.82%%.
Data on historical trading for Micron Technology Inc (NASDAQ:MU) indicates that the trading volumes over the past 10 days have averaged 21.12 and over the past 3 months, they’ve averaged 23.54 million. According to company’s latest data on outstanding shares, there are 1.12 billion shares outstanding.
Nearly 0.47% of Micron Technology Inc’s shares belong to company insiders and institutional investors own 79.66% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 32.1 million shares as on 2025-05-30, resulting in a short ratio of 1.79. According to the data, the short interest in Micron Technology Inc (MU) stood at 288.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 28.85 million. The stock has risen by 44.75% 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.
