During the last session 34M of Microsoft Corporation (NasdaqGS:MSFT)’s shares were traded. The stock closed at $287.93 per share indicating that it lost -$2.8 or -0.96% during that day which brings the Microsoft Corporation’s valuation to $2.16T.
The 52-week high for the Microsoft Corporation’s shares is $349.67. That puts it -17.66% from that peak with a 52-week low of $224.26, while the S&P 500’s share price change was of 12.04%.
The company currently has a 30.66 P/E ratio and a price target of $370.89.
What does the trading volume tell us about the MSFT stock?
During the last trading session, Microsoft Corporation (NasdaqGS:MSFT) has seen decay in its daily volume. The daily volume was of 34M, while in the last 10 days the average was 33.72M and last three months – 36.3M.
Growing short interest
The Microsoft Corporation’s shares are seeing an increasing short interest compared to the previous month. As of today, there are 40.18M shares being shorted which translates into 0.87 of a short ratio for MSFT, while in the previous month the shorted shares were 39.38M.
Microsoft Corporation (NasdaqGS:MSFT)’s financials
With a market cap of 2.16T, Microsoft Corporation holds a total cash of $125.35B that translates into $16.72 per share, while the total debt is of $80.35B.
The company has seen an increase in the revenue with a year-over-year quarterly revenue growth percentage of 20.10%. The current revenue is of $184.9B that is $24.58 per share.
This is a great sign for a bright future.