September 18, 2019
  • September 18, 2019
Breaking News
  • Home
  • Technology
  • Micron Technology, Inc. (NASDAQ:MU) resumed some shipments to Huawei Technologies Co

Micron Technology, Inc. (NASDAQ:MU) resumed some shipments to Huawei Technologies Co

By on June 26, 2019 0

Micron Technology, Inc. (NASDAQ:MU) has resumed some shipments to Huawei Technologies Co. after determining that they didn’t fall afoul of U.S. curbs on exports to the Chinese telecom giant, the memory chip maker’s chief executive said Tuesday. Micron had stopped all shipments to Huawei after the Commerce Department in May added the Chinese company to a blacklist, a move the Trump administration said would prevent U.S. technology from being used to undermine U.S. security and policy interests.

Micron Technology, Inc. (NASDAQ:MU) shares tanked -1.54% to finally closed at $32.68 in last active session. 

MU’s distance from 20 day simple moving average is -2.47% and distance from 50-Day simple moving average is -12.63%.

Analyst’s mean target price for MU is $44.86 while analysts mean recommendation is 2.50. Stock value has moved between $28.42 – 58.36 in last one year. Stock has got OUTPERFORM rating from 12 of Thomson Reuters analysts, 12 given HOLD rating to the stock and 2 given UNDERPERFORM rating. Analyst’s mean target price for MU is $44.86 while analysts mean recommendation is 2.50. 

Micron Technology, Inc. (NASDAQ:MU) yearly performance is -42.77% and net profit margin is 43.60%. Annual EPS Growth of past 5 years is 58.80%. The current share price indicates that stock is -43.80% away from its one year high and is moving 15.11% ahead of its 52-week low. 



On 25 June 2018, Mosaic Co (NYSE:MOS) shares gained 3.12% and ultimately finalized to $24.16 in last traded day. Stock has got OUTPERFORM rating from 7 of Thomson Reuters analysts, 9 given HOLD rating to the stock and 0 given UNDERPERFORM rating. Analyst’s mean target price for MOS is $32.47 while analysts mean recommendation is 2.40. 



At the movement Capri Holdings Limited (NYSE:CPRI) is under coverage by number of analysts. Buy rating has been given by 6 analysts to the company stock whereas 0 given UNDERPERFORM rating to stock and 17 given HOLD rating. The consensus recommendation by Thomson Reuters analysts is 1.26 and their mean rating for the stock is 2.39 on scale of 1-5. Analysts mean target price for Capri Holdings Limited (NYSE:CPRI) is $54.00 while their mean recommendation is 2.40 (1=Buy, 5=sell). 

If we look at stock performance in last active day trading, we see that stock has moved tanked -1.35% to end the day at $33.67. The current share price indicate that stock is -55.67% away from its one year high and is moving 4.94% ahead of its 52-week low. 

Leave a comment