Micron Technology posts DRAM, NAND sales volumes increases, higher quarterly revenue

The stock is now trading at Distance from 20-Day simple moving Average of 3.23% whereas, Distance from 50-Day Simple moving average is 12.26 Percent and Distance from 200-Day Simple Moving Average of 40.03 percent.

U.S. based company, Micron Technology, Inc.'s (MU)'s latest closing price distance was at 39.43% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 11.30% and 2.60% compared with the 20 Day Moving Average.

Over the last twelve months Micron Technology, Inc.'s stock price has increased from 0.00 to 17.74, a change of 0%.

Revenue fell to $3.22 billion from $3.60 billion a year ago but topped analysts' estimates of $3.15 billion for the quarter. The company now has a Return on Equity (ROE) of 3.00% and a Return on Investment (ROI) of 14.20%.

Price Momentum: Despite the -0.28% drop in value, the stock's new closing price reflects a -8.13% fall in price from company's one year high of $19.3. Finally, JPMorgan Chase & Co. reissued a "buy" rating and issued a $15.00 price target on shares of Micron Technology in a report on Wednesday, June 29th. A VP Memory Solutions in the company, Shirley Brian, on Tuesday July 05, 2016 collected $603,040 from the sale of 48,750 shares at a per-share price of $17.05.

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Micron Technology (NASDAQ:MU) opened at 17.73 on Friday. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. The average numbers of shares are traded in a security per day, during the recent 3-month period. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. BlackRock Group LTD now owns 10,775,884 shares of the semiconductor manufacturer's stock valued at $112,822,000 after buying an additional 40,454 shares during the last quarter.

Along with these its year to date performance is standing at 25.21%. BlackRock Group LTD raised its position in Micron Technology by 1.0% in the second quarter.

Kellogg Company (NYSE:K) now has mean rating of 2.80 while 2 analysts have commented the shares as "BUY", 2 recommended as "OUTPERFORM" and 14 commented as "HOLD".

Micron Technology, Inc.is engaged in semiconductor systems. Beta value of the stock stands at 1.74. The dominant statistics will authorize the investment community to govern the size of Micron Technology, Inc. compared to the sales or total assets figures.


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