(VIANEWS) – Shares of Micron Technology (NASDAQ: MU) dropped by a staggering 16.12% in 7 days from $70.42 to $59.07 at 12:42 EST on Monday, after three consecutive sessions in a row of losses. NASDAQ is sliding 3.81% to $10,908.30, after three successive sessions in a row of losses.
Micron Technology’s last close was $62.62, 36.39% under its 52-week high of $98.45.
Today’s last reported volume for Micron Technology is 10967871 which is 48.53% below its average volume of 21312693.
The company’s growth estimates for the ongoing quarter and the next is 30.9% and 15.7%, respectively.
Micron Technology’s Revenue
Year-on-year quarterly revenue growth grew by 24.9%, now sitting on 31.17B for the twelve trailing months.
Micron Technology’s last week, last month’s, and last quarter’s current intraday variation average was a negative 3.01%, a negative 0.50%, and a positive 2.63%, respectively.
Micron Technology’s highest amplitude of average volatility was 3.23% (last week), 3.20% (last month), and 2.63% (last quarter), respectively.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,
Micron Technology’s stock is considered to be overbought (>=80).
Micron Technology’s Stock Yearly Top and Bottom Value
Micron Technology’s stock is valued at $59.07 at 12:42 EST, under its 52-week low of $62.28.
Micron Technology’s Moving Average
Micron Technology’s worth is way under its 50-day moving average of $70.91 and way under its 200-day moving average of $77.93.
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