In the last trading session, 22.49 million Micron Technology Inc. (NASDAQ:MU) shares changed hands as the company’s beta touched 1.20. With the company’s per share price at $120.13 changed hands at $5.43 or 4.73% during last session, the market valuation stood at $133.03B. MU’s last price was a discount, traded about -8.67% off its 52-week high of $130.54. The share price had its 52-week low at $59.55, which suggests the last value was 50.43% up since then. When we look at Micron Technology Inc.’s average trading volume, we note the 3-month average coming to 22.62 million.
Micron Technology Inc. (NASDAQ:MU) trade information
Instantly MU was in green as seen at the end of in last trading. With action 5.05%, the performance over the past five days has been green. The jump to weekly highs of 121.37 added 4.73% to the stock’s daily price. The company’s shares are showing year-to-date upside of 40.77%, with the 5-day performance at 5.05% in the green. However, in the 30-day time frame, Micron Technology Inc. (NASDAQ:MU) is -2.79% down.
Micron Technology Inc. (MU) estimates and forecasts
Year-over-year growth is forecast to reach 46.40% up from the last financial year. Consensus estimates given by 24 financial analysts project the company’s revenue in the current quarter to hit an average of 6.14B. 24 analysts are of the opinion that Micron Technology Inc.’s revenue for the current quarter will be 6.87B. The estimates for the next quarter sales put growth at 71.40%. The 2024 estimates are for Micron Technology Inc. earnings to increase by 118.12%, but the outlook for the next 5-year period is at -2.62% per year.
MU Dividends
Micron Technology Inc. is expected to release its next quarterly earnings report in June. The 0.38% annual yield figure for the share gives it an annual dividend of 0.46. It is important to note, however, that the 0.38% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
