Micron Technology has been somewhat immune to the crisis with its shares jumping 2.87% to $71.10 at 12:06 EST on Thursday, after two consecutive sessions in a row of gains. The Nasdaq Stock Market is jumping 0.46% to $12,406.60, following yesterday’s downward trend, on what at the moment seems, a somewhat positive trend exchanging session today.
Micron Technology’s last close was $69.11, 0.00% under its 52-week high of $71.10.
Micron Technology’s Sales
Micron Technology’s sales growth is 7.5% for the present quarter and 12.4% for the next. The company’s growth estimates for the ongoing quarter and the next is 31.3% and 26.7%, respectively.
Micron Technology’s Revenue
Year-on-year quarterly revenue growth grew by 24.4%, now sitting on 21.44B for the twelve trailing months.
Micron Technology’s Stock Top and Bottom Yearly Value
Micron Technology’s stock is valued at $71.10 at 12:06 EST, way under its 52-week low of $31.13.
Micron Technology’s Moving Average
Micron Technology’s worth is way higher than its 50-day moving average of $56.72 and way higher than its 200-day moving average of $50.68.
Previous days news about Micron Technology
Micron Technology stock jumps toward 20-year high after raised profit, revenue outlook. According to Yahoo Finance on Tue Dec 1, “Shares of Micron Technology Inc. jumped 3.5% toward a 20-year high in premarket trading Tuesday, after the memory chip maker raised its financial guidance for the fiscal first quarter. The updated guidance comes ahead of the further updates Chief Executive Sanjay Mehrotra is expected to share at the Credit Suisse Annual Technology Conference.”