MSFT Stock Forecast: Can Price (NASDAQ: MSFT) Break Yearly Highs?

MSFT Stock Forecast: Can Price (NASDAQ: MSFT) Break Yearly Highs?

1
The year-to-date return of Microsoft Corporation is 36.94% while the three-month return is 2.76%
2
Microsoft stock price trades above the 20 and 50-day daily moving averages, and buyers are dominating over sellers.
3
Microsoft Corporation ( NASDAQ: MSFT) stock’s 52-week price range is around $213 – $366.
MSFT stock has been on an upward trend since 2023 and has shown buying interest. The stock faced a hurdle near the supply range and had a pullback in the previous sessions in the last couple of weeks around the price of $310 also the Fibo 38.20% level.
MSFT’s earnings have grown by 20.8% every year for the last 5 years, as per Simply Wall St. It also has a high return on equity (ROE) of 35.1%, where ROE means how much money it makes with its shareholders’ money.
MSFT publicized its results for the quarter ending in July on July 25th, 2023. It made $56.19 Billion in revenue and $20.08 Billion in net income. It also earned more pe

Czytaj więcej

We współpracy z: https://www.thecoinrepublic.com/2023/09/07/msft-stock-forecast-can-price-nasdaq-msft-break-yearly-highs/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy