MU stock is an American company that manufactures computer memory and data storage. It is based in Boise, Idaho. It produces Ballistix memory modules and sells its products under the Crucial brand.
Bid/Ask ratio
Using the bid/ask ratio of a particular stock or bond can give you a more comprehensive sense of its liquidity. A stock with low trading volume will display a smaller bid/ask ratio. Some high-frequency traders will seek to capitalize on a change in this measure. This is where the quote-on-screen model can prove to be a superior choice over the more traditional adobe desktop models.
The question is: how do you know the Bid/Ask ratio of a particular stock? You can find this information in the charts below. The data displayed in the quotes are updated every 3 seconds. You can also obtain this sort of information in the form of a data feed from Nasdaq or several other sources. This is particularly useful if you invest in a particular security or asset class.
Most recent earnings per share (EPS)
EPS is one of the most important metrics Wall Street uses to determine the strength of a company’s stock. The earnings per share of a company’s stock are calculated by dividing the company’s net income by the number of common stock shares outstanding shares. The higher the EPS, the higher the value of the company’s stock.
Basic EPS is the simplest way of calculating EPS. It is estimated in millions and consists of the company’s net income divided by the number of outstanding shares. It does not include the dilutive effect of outstanding shares.
Basic EPS also does not factor in the dilutive effects of convertible securities. These securities increase the number of shares that are outstanding in the market. As a result, a company’s EPS can be increased by buying back stock.
Subsequent earnings per share (Year)
MU stock is a microchip manufacturer based in Boise, Idaho. The company makes two types of memory chips: DRAM and NAND flash. The DRAM chips are used in PCs, laptops, and mobile devices, while the NAND flash chips are more suitable for data storage. It’s no secret that the microchip industry is transforming.
In terms of performance, MU is not far behind. The company reported a 20% drop in sales during the fourth quarter. It guided for a much lower number for the current quarter. On the other hand, Micron beat Wall Street’s expectations for the most crucial number: earnings per share. It also wowed investors with a hefty payout.
For a company as large as MU, its stock is not cheap. It trades on the NYSE for a modest premium to its average price-to-book ratio.
Dividends
MU is a fine example of a dividend stock. It has paid out 18 dividends over the years. However, the most recent dividend was a modest $0.43. Its last ex-dividend date was October 7, 2022. Despite its fair dividend payout, MU has a dividend yield of 0.78%.
It may not be as flashy as Facebook or as prestigious as GE, but it has the requisite finesse to make it a profitable long-term player in memory storage. Its products are marketed under the Crucial brand. Its top-of-the-line solutions are used in leading-edge computing and consumer electronics. Its most exciting product, the Ballistix memory module, is a high-performance, low-cost alternative to DRAM. The company’s other notable products include NOR flash memory, 3D XPoint memory, and Dynamic Random Access Memory.
MU stock price performance in the last year
MU stock price performance in the last year has been mixed. While it has underperformed in the market for the past 12 months, it has outperformed in the previous two weeks and three months. It has also performed very well in the last 5 years.
MU is a computer memory company that designs and manufactures flash memory, DRAM, and USB flash drives. Its products are used for PCs, smartphones, game consoles, and data centers. The company expanded into the NAND flash memory market in mid-2013 with the purchase of Elpida. It also expanded its DRAM scale in December with the acquisition of Inotera.
MU stock has traded on the NASDAQ exchange for the past decade. It has experienced many ups and downs over the decade. However, it has achieved compound earnings per share growth of 11% per year.
