Microsoft Stock Gains Ground: MSFT Climbs Towards $395 in Monday Morning Trading
Microsoft Corp (NASDAQ: MSFT) is showing positive momentum in early trading on Monday, April 29th. Shares of the technology giant are climbing higher as the market session progresses.
As of 11:04 AM GMT-4, Microsoft stock was trading at 394.00 USD. This represents a solid gain of 2.83 USD, or 0.71 percent, compared to the previous closing price of 391.16 USD. The green upward arrow highlights the positive performance for the day so far.
The trading day began with Microsoft opening slightly above the prior close at 391.30 USD. The stock experienced some initial volatility, dipping to an intraday low of 390.38 USD. However, buying interest picked up, pushing the shares steadily higher to reach an intraday peak of 394.90 USD before settling near the 394.00 USD mark.
Microsoft continues to command a massive market capitalization, listed as 2.93L Cr (representing approximately 2.93 Trillion USD). Key financial metrics include a Price-to-Earnings (P/E) ratio of 31.73 and a dividend yield of 0.84 percent.
Today’s upward movement places MSFT stock well within its established 52-week range. The highest point the shares have reached over the past year is 468.35 USD, while the lowest point recorded was 344.79 USD.
