Pre-market Mover: Micron Technology, Inc. (NASDAQ:MU)

Micron Technology, Inc. (NASDAQ:MU) announced the appointment of automotive industry executive MaryAnn Wright to its board of directors. The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the MU is 0.10%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership for the MU is 81.00%.

Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that MU. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public. The insider transactions of the company (6-month change in insider ownerships) for the Micron Technology, Inc. (NASDAQ:MU) is -4.69%.

Institutional ownership is the amount of a Micron Technology, Inc. (NASDAQ:MU)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the MU is 1.14%.

U.S traded Micron Technology, Inc. (NASDAQ:MU) stock edged up 1.37% on Friday and when day-trade ended the stock finally concluded at $38.59 and number of shares that changed hands during the day are 61.07 Million. The number of shares MU stock currently held by all its shareholders are 1105.00 and floated shares, the number of shares are available for trading in an open market on last trading day are 1095.65. The average volume of shares for 3 months is 26331.84 and MU stock value has moved between $28.38 – 58.47 in last one year.

The Micron Technology, Inc. (NASDAQ:MU)’s latest earnings date is 6/25/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for Micron Technology, Inc. (NASDAQ:MU) is 53.60% and the profit margin is 37.40% and the stock has gained 21.62% in 2019 to date.


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U.S. traded shares of Micron Technology, Inc. (NASDAQ:MU)’s monthly stock performance is 15.82%, the quarterly performance is -6.63%, the half year performance is calculated as 20.86%. The yearly performance of MU is -26.16%.

The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The Micron Technology, Inc. (NASDAQ:MU) weekly volatility is measured as 4.20% and monthly volatility measured as 3.58%.

Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. MU return on assets is 22.20%, the return on equity (ROE) of the Micron Technology, Inc. (NASDAQ:MU) is 29.60%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and MU return on investment is 38.60%.

The price to earnings ratio is 4.57, price to sales ratio is 1.58, and price to book ratio is 1.21, price to cash per share ration is 6.37, price to free cash flow is 6.98.

Analysts mean target price for Micron Technology, Inc. (NASDAQ:MU) is $42.86 while analysts mean recommendation is 2.50. The current share price indicates that stock is -33.64% away from its one year high and is moving 35.93% ahead of its 52-week low. MU’s distance from 20 day simple moving average is 13.77% and distance from 50-Day simple moving average is 4.22%.




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