The electronics industry closed the day up 1.5%. Data I/O Corporation ( DAIO), Schmitt Industries Inc ( SMIT), Spire Corporation ( SPIR), and American Superconductor Corporation ( AMSC) were all decliners today within the electronics industry with Micron Technology Inc ( MU) being today's featured electronics loser. Micron Technology Inc fell 13 cents (-2.3%) to $5.46 on average volume. Throughout the day, 39.2 million shares of Micron Technology Inc exchanged hands as compared to its average daily volume of 41 million shares. Micron Technology, Inc., together with its subsidiaries, engages in the manufacture and marketing of semiconductor devices worldwide. Micron Technology Inc has a market cap of $5.6 billion and is part of the technology sector. The company has a P/E ratio of 32.5, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 31% year to date as of the close of trading on Thursday. TheStreet Ratings rates Micron Technology as a hold. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.
- You can view the full Micron Technology Ratings Report.
- Use our electronics section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
- Find other investment ideas from our top rated ETFs lists.