Microsoft Corporation (NASDAQ:MSFT) does about 21.88M shares in volume on a normal day but saw 20205333 shares change hands in Monday trading. The company now has a market cap of 3073.53B USD. Its current market price is $413.64, marking a decrease of -1.96% compared to the previous close of $421.90. The 52 week high reached by this stock is $430.82 whilst the lowest price level in 52 weeks is $275.37.
Microsoft Corporation (MSFT) has a 20-day trading average at $422.81 and the current price is -3.99% off the 52-week high compared with 50.21% distance from its 52-week low. The 50-day simple moving average of the closing price is $415.19 and its 200-day simple moving average is $366.29. If we look at the stock’s price movements over the week, volatility stands at 1.73%, which decreases to 1.46% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 44.22 to suggest the stock is neutral.
The consensus objective for the share price is $473.95, suggesting that the stock has a potential upside of 12.72% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 12, 2024 when BMO Capital Markets reiterated the stock to “Outperform” and issued a price target of between $455 and $465. KeyBanc Capital Markets initiated its price target at $490.
Microsoft Corporation (MSFT) stock is down -2.58% over the week and -2.72% over the past month. Its price is 10.00% year-to-date and 42.71% over the past year.
To reach the target analysts have set, the stock logically needs to grow 12.72 percent from here.
The company has a return on investment of 26.13% and return on equity of 39.17%. The price to earnings ratio (P/E ratio) amounts to 37.41 while the forward price to earnings ratio is 30.89. The beta has a value of 0.87. Price to book ratio is 12.90 and price to sales ratio is 13.51.
