Microsoft Corporation Looks to Continue to Trade Above its Annual-High Share Price Today

July 16, 2021 10:58:08

Shares of Microsoft Corporation (NASDAQ:MSFT) traded at a new 52-week high today of $284.12. Approximately 1.7 million shares have changed hands today, as compared to an average 30-day volume of 23.4 million shares.

In the past 52 weeks, shares of Microsoft Corporation have traded between a low of $196.25 and a high of $284.12 and is now at $280.50, which is 43% above that low price.

Based on a current price of $280.50, Microsoft Corporation is currently 21.5% above its average consensus analyst price target of $220.22.

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).

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