(VIANEWS) – Shares of Microchip Technology (NASDAQ Composite: MCHP) fell by a staggering 56.46% in 30 days from $161.35 to $70.25 at 07:44 EST on Thursday, after four sequential sessions in a row of losses. NASDAQ Composite is rising 0.73% to $14,571.64, following the last session’s upward trend.
Microchip Technology’s last close was $70.25, 57.85% under its 52-week high of $166.67.
Today’s last reported volume for Microchip Technology is 4825564 which is 139.52% above its average volume of 2014606.
The company’s growth estimates for the ongoing quarter and the next is 42.3% and 40.7%, respectively.
Microchip Technology’s Revenue
Year-on-year quarterly revenue growth grew by 19.8%, now sitting on 5.7B for the twelve trailing months.
Microchip Technology’s last week, last month’s, and last quarter’s current volatility was a negative 1.84%, a negative 0.58%, and a positive 1.47%, respectively.
Microchip Technology’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.84% (last week), 1.57% (last month), and 1.47% (last quarter), respectively.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,
Microchip Technology’s stock is considered to be overbought (>=80).
Microchip Technology’s Stock Yearly Top and Bottom Value
Microchip Technology’s stock is valued at $70.25 at 07:44 EST, way below its 52-week high of $166.67 and above its 52-week low of $70.01.
Microchip Technology’s Moving Average
Microchip Technology’s worth is way below its 50-day moving average of $155.75 and way below its 200-day moving average of $150.92.
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