Microsoft Shares Hit $30
Microsoft (MSFT) shares hit a new 12 month high of $30 before coming back down to $29.89.
Finally Microsoft shares have bucked the trend and made it above $30. MSFT has been on a tear since late November, increasing a staggering 22% since Nov 25th.
Microsoft shares have traded between $23.65 and $30.05 (as of Feb 1st) over the past 12 months. Microsoft shares are now trading with a P/E Ratio of 10.7 and EPS of 2.76.
Even with the 22% ride in the past few months Mr. Softy still pays an annual dividend yield of 2.67%. Expect the analysts covering Microsoft to up their price targets since the recent increase in share price.