Microsoft Stock Rises: MSFT Trades Above $394 in Monday Morning Session
Microsoft Corp (NASDAQ: MSFT) is demonstrating positive performance in early trading on Monday, April 29th. Shares of the technology giant are climbing higher as the market session gets underway.
As of 11:04 AM GMT-4, Microsoft stock was trading at 394.00 USD. This reflects a gain of 2.83 USD, representing a 0.71 percent increase compared to the previous closing price of 391.16 USD. The green upward arrow highlights the positive momentum for the day so far.
The trading day for Microsoft began slightly above the prior close, opening at 391.30 USD. The stock experienced some early volatility, dipping to an intraday low of 390.38 USD. However, buying interest subsequently increased, pushing the shares upward to reach an intraday peak of 394.90 USD before settling near the 394.00 USD level.
Microsoft maintains its status as one of the world’s largest companies, with a 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 firmly within its established 52-week trading range. The highest point the shares have reached over the past year is 468.35 USD, while the lowest point recorded during that period was 344.79 USD.