Microsoft (MSFT) Stock Keeps on Steadily Growing


During the last session 23M of Microsoft Corporation’s (NasdaqGS:MSFT) shares were traded. The stock closed at $294.6 per share indicating that it gained $1.75 or 0.6% during that day which brings the Microsoft Corporation’s valuation to $2.21T.

The 52-week high for the Microsoft Corporation’s shares is $294.82. That puts it -0.07% from that peak but still a 38.47% gain since the share price dropped to a 52-week low of $196.25, while the S&P 500’s share price change was of 31.81%.

The company currently has a 36.60 P/E ratio and a price target of $328.78.

What does the trading volume tell us about the MSFT stock?

During the last trading session, Microsoft Corporation (NasdaqGS:MSFT) has seen growth in its daily volume. The daily volume was of 22M, while in the last 10 days the average was 16.3M and last three months – 22.34M.


Shrinking short interest

The Microsoft Corporation’s shares are seeing a decreasing short interest compared to the previous month. As of today, there are 47.98M shares being shorted which translates into 1.94 of a short ratio for MSFT, while in the previous month the shorted shares were 50.82M.

Microsoft Corporation (NasdaqGS:MSFT)’s financials

With a market cap of 2.21T, Microsoft Corporation holds a total cash of $130.26B that translates into $17.33 per share, while the total debt is of $82.28B.

The company has seen an increase in the revenue with a year-over-year quarterly revenue growth percentage of 21.30%. The current revenue is of $168.09B that is $22.27 per share.

This is a great sign for a bright future.