The shares of Microsoft on the Nasdaq Stock Exchange witnessed a remarkable decline in the third consecutive session to land at its lowest price levels in 5 months and 5 days, specifically since November 2, 2024.
The current share price is 357.86 dollars, a decrease of 0.55% and witnessed daily losses estimated at $ 1.98 per share.
During the 5 sessions, the stock decreased by 4.48%, witnessed a decrease of 8.78% in the past, and the stock decreased by 15.9% from its level a year ago.
Analysts believe that the share price may continue to decline in levels of up to 415 dollars, but it may be bounced to high levels of price in the event of a change in its direction to reach the level of support at 600 dollars.
It is worth noting that the highest price reached the stock was 468.35 dollars on July 5 of last year 2024, while it was the lowest level ever in more than 39 years at $ 0.09 in March 1986.
The market value of Microsoft today is about $ 2.66 trillion, and has declined by 2% during the past week.
In Mali, the company achieved in the last quarter profits of $ 3.23 per share, exceeding 3.12 dollars per share, by 3.54%, and it is expected that the share of the share of the company’s profits will stabilize in the next quarter at $ 3.23 per share.
Microsoft’s revenues in the last quarter amounted to 69.63 billion dollars, exceeding estimates of 68.87 billion dollars, and the revenues in the following quarter are expected to reach 68.53 billion dollars, while the net income for the last quarter, reached 24.11 billion dollars, a decrease of 2.27% from the previous quarter of 24.67 billion dollars.
With regard to the distribution of profits, the last distribution of the share was 83 cents per share and starting today, the TTM profit returns is 0.88%, and the profit return was 0.67% in 2024, and the rate of return was 25.42%, while these rates were in 2023 at 0.8% and 28.09%, respectively.
Microsoft is one of the largest technology companies in the world, and offers a wide range of products and services such as Windows operating system, Microsoft Office, the cloud computing platform “Azure”, and gaming devices “Xbox”.
Microsoft was listed on the Nasdaq Stock Exchange in March 1986, becoming one of the leading companies in the technology sector, and this listing contributed to enhancing its position as a global company, as its shares have witnessed a significant increase over the years, to be one of the most valuable companies in the world.
Its headquarters are currently in Redmond and Washington, and innovation continues in the fields of software, cloud computing, and artificial intelligence.
It is noteworthy that Microsoft was founded in April 1975 by Bill Gates and Paul Allen in the city of Albkkri, New Mexico, in the United States of America and began its activity to develop and sell computer programs, and its first products was the “Altair Basic” program.
