During the last session, Micron Technology Inc. (NASDAQ:MU)’s traded shares were 18.17 million, with the beta value of the company hitting 1.28. At the end of the trading day, the stock’s price was $111.58, reflecting an intraday loss of -0.18% or -$0.2. The 52-week high for the MU share is $130.54, that puts it down -16.99 from that peak though still a striking 47.99% gain since the share price plummeted to a 52-week low of $58.03. The company’s market capitalization is $123.56B, and the average trade volume was 22.18 million shares over the past three months.
Micron Technology Inc. (NASDAQ:MU) trade information
Micron Technology Inc. (MU) registered a -0.18% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.18% in intraday trading to $111.58, hitting a weekly high. The stock’s 5-day price performance is -0.31%, and it has moved by -6.08% in 30 days. Based on these gigs, the overall price performance for the year is 91.92%.
Micron Technology Inc. (MU) estimates and forecasts
In the rating firms’ projections, revenue will increase 47.40% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 6.19B as predicted by 24 analyst(s). Meanwhile, a consensus of 24 analyst(s) estimates revenue growth to 6.95B by the end of current fiscal year.
While earnings are projected to return 117.79% in 2024, the next five years will return -2.62% per annum.
MU Dividends
Micron Technology Inc. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Micron Technology Inc. is 0.46, with the dividend yield indicating at 0.41 percent, continuing the trend of increasing dividends in recent years.
