Micron Technology Inc. (NASDAQ:MU) currently has a daily average trading volume of 24.80M but it saw 14595419 shares traded in last market. With a market cap of 116.47B USD, the company’s current market price of $105.05 came falling about -2.57 while comparing to the previous closing price of $107.82. In past 52 weeks, the stock remained buoying in the range of price level as high as $157.54 and as low as $63.88. In the recent trading on the day, stock has struck highest price mark of $103.54 while lowest mark touched by it was $107.1.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the TD Cowen which reiterated the stock as “Buy” in its note to investors issued on September 26, 2024, recommending a price target of between $115 and $135 for it. Wells Fargo also issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $190 and $175.
Over the week, MU’s stock price is moving -3.84% down while it is 11.76% when we observe its performance for the past one month. Year-to-date it is 23.10% up and over the past year, the stock is showing an upside performance of 57.07%.
Currently, Micron Technology Inc.’s total number of outstanding shares is 1.11B. Company’s return on investment (ROI) stands at 1.33% and return on equity (ROE) at 1.74%. It has a price to earnings ratio (P/E ratio) of 155.84 while having a 8.17 of forward P/E ratio. Stock’s beta reads 1.17. Stock has a price to book (P/B) ratio of 2.58 while price to sale or P/S ratio amounts to 4.64. Its return on asset (ROA) is 1.16% on average.
