Microsoft Stock Advances: MSFT Trades Firmly Above $390 in Monday Morning Action
Microsoft Corp (NASDAQ: MSFT) shares are demonstrating strength in early trading on Monday, April 29th. The technology behemoth is seeing positive investor sentiment push its stock price higher as the morning session unfolds.
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 indicates the positive momentum driving the stock today.
The trading day for Microsoft began slightly above the prior close, opening at 391.30 USD. After experiencing a brief dip to an intraday low of 390.38 USD, the stock found buying support and climbed steadily. It reached an intraday high of 394.90 USD before settling near the 394.00 USD level.
Microsoft continues to be one of the world’s most valuable 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 positive price action places MSFT stock well within its established 52-week trading range. The highest point the shares have reached over the past year stands at 468.35 USD, while the lowest point recorded during that period was 344.79 USD.
