Shares of Microsoft Corporation (NASDAQ:MSFT) traded at a new 52-week high today of $280.50. So far today approximately 1.7 million shares have been exchanged, as compared to an average 30-day volume of 22 million shares.
Microsoft Corporation (NASDAQ:MSFT) is currently priced 23.9% above its average consensus analyst price target of $212.75.
Microsoft develops and licenses consumer and enterprise software. It is known for its Windows operating systems and Office productivity suite. The company is organized into three equally sized broad segments: productivity and business processes (legacy Microsoft Office, cloud-based Office 365, Exchange, SharePoint, Skype, LinkedIn, Dynamics), intelligence cloud (infrastructure- and platform-as-a-service offerings Azure, Windows Server OS, SQL Server), and more personal computing (Windows Client, Xbox, Bing search, display advertising, and Surface laptops, tablets, and desktops).
Over the past year, Microsoft Corporation has traded in a range of $196.25 to $280.50 and is now at $279.52, 42% above that low.
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