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Micron Technology, Inc is currently in a long term uptrend where the price is trading 2.6% above its 200 day moving average.
From a valuation standpoint, the stock is 67.8% cheaper than other stocks from the Technology sector with a price to sales ratio of 4.4.
Micron Technology, Inc's total revenue rose by 30.0% to $6B since the same quarter in the previous year.
Its net income has increased by 48.9% to $603M since the same quarter in the previous year.
Finally, its free cash flow grew by 170.9% to $39M since the same quarter in the previous year.
Based on the above factors, Micron Technology, Inc gets an overall score of 5/5.
| Industry | Semiconductors |
|---|---|
| Sector | Technology |
| CurrencyCode | EUR |
| ISIN | US5951121038 |
| Exchange | F |
| Beta | 1.39 |
|---|---|
| Dividend Yield | 0.7% |
| Target Price | None |
| PE Ratio | 44.52 |
| Market Cap | 62B |
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprises DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; NAND products that are non-volatile and re-writeable semiconductor storage devices; and NOR memory products, which are non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, networking, industrial, and automotive markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
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