The stock traded at a volume of 19.08 million shares. That value represents a market adjusting for revenues that have been growing by 18.51 % on a quarterly year/year basis as of the company's last quarterly report. Developed by J. Welles Wilder, ATR is an indicator that measures volatility. The RSI oscillates between zero and 100.
To find out the technical position of Micron Technology, Inc. Its price to free cash flow for trailing twelve months is 25.10 and Current ratio for most recent quarter of 3.90.
Micron Technology shareholders saw its stock price rise by 52 cents per share, a boost of just over 2 percent. There is no concrete way to calculate a price target. (MU) has made a move of +12.27% over the past month, which has come on weak relative transaction volume. The highest price target outlook for the stock is $45 and the minimum price target estimate is $25. EPS or Earning per Share stands at $-0.3. Earnings per share serves as an indicator of a company's profitability. Consensus earnings estimates are far from flawless, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. These analysts have also projected a Low Estimate of $0.62/share and a High Estimate of $0.89/share.
Micron Technology, Inc. (NASDAQ:MU) Price to Earnings (P/E) ratio is 0. The semiconductor manufacturer reported $0.32 EPS for the quarter, topping the Zacks' consensus estimate of $0.28 by $0.04.
Revenue is the amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise.
Micron Technology, Inc. (NASDAQ:MU) is expected to post revenue of $4.9 Billion in the current quarter, according to consensus of 22 analysts. The MU ratings chart showed that 4 gave HOLD ratings for the current month as 2 analysts opting for Overweight option for same period. The company's market capitalization is $28.41 billion.
A moving average (MA) is a trend-following or lagging indicator because it is based on past prices. The stock was sold at an average price of $24.64, for a total value of $3,104,640.00. Look at the direction of the moving average to get a basic idea of which way the price is moving. The stock is trading $23.86 its 50-day moving average by -1.94%. Instinet's price objective indicates a potential upside of 16.28% from the company's current price.
Several other research analysts have also recently issued reports on the stock. (USAP) has received mean Analyst rating of 2.67 from polled analysts at Reuters 2 Month Ago. The Short Ratio for the stock is 1.81. Four analysts have rated the stock with a hold rating, thirty-two have assigned a buy rating and one has assigned a strong buy rating to the company. Needham & Company LLC reiterated an "underperform" rating and set a $20.44 target price on shares of Micron Technology in a report on Wednesday, November 30th. For MU, the company now has $4.01 Billion of cash on the books, which is offset by $1.16 Billion current liabilities. The research firm Upgrade the stock to Buy. The stock went down -9.60% at some stage in past quarter. The 13 analysts gave Hold ratings in recent rating.
A trend analysis is a method of analysis that allows traders to predict what will happen with a stock in the future. The stock now has a Market Cap of $19.68B.