In today’s recent session, 10.43 million shares of the Micron Technology Inc. (NASDAQ:MU) have been traded, and its beta is 1.17. Most recently the company’s share price was $121.79, and it changed around -$5.7 or -4.47% from the last close, which brings the market valuation of the company to $135.05B. MU at last check was trading at a discount to its 52-week high of $157.54, offering almost -29.35% off that amount. The share price’s 52-week low was $61.75, which indicates that the recent value has risen by an impressive 49.3% since then. We note from Micron Technology Inc.’s average daily trading volume that its 3-month average coming to 21.58 million.
Micron Technology Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 1.42. If we narrow it down even further, the data shows that 0 out of 31 analysts rate the stock as a Sell; another 8 rate it as Overweight. Among the rest, 3 recommended MU as a Hold, whereas 20 deemed it a Buy, and 0 rated it as Underweight.
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Micron Technology Inc. (NASDAQ:MU) trade information
Instantly MU has been showing red trend so far today with a performance of -4.47% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently up 42.72% year-to-date, but still down -10.70% over the last five days. On the other hand, Micron Technology Inc. (NASDAQ:MU) is -13.84% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $135.67, which translates to bulls needing to increase their stock price by 10.23% from its current value. Analyst projections state that MU is forecast to be at a low of $55 and a high of $225.
Micron Technology Inc. earnings are expected to increase by 127.63% in 2024, but the outlook is negative -2.62% per year for the next five years.
MU Dividends
Micron Technology Inc.’s next quarterly earnings report is expected to be released in August. The annual dividend yield of the stock is 0.38 percent and its annual dividend per share was 0.46. It is important to note, however, that the 0.38% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
