Microsoft Shares on the Move

Microsoft Inc. (MSFT)

Microsoft (MSFT) shares got as high as $26.37 today before backing down to the $25.80 range.  Since last Friday its shares have bounced back 4% and today its trading strong thanks to patents.

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Microsoft signed a patent cross-licensing deal with Samsung today.  Thus MSFT can bank coin on royalties from Android devices sold by the two larges Android device makers.

The Samsung deal also includes a plan to cooperate on the development of new Windows-based phones.

Thanks to the recent volatility in equities Microsoft shares have been reduced to just 8.72% from its 52-week low.  Microsoft Corp (MSFT) shares have traded between $23.65 and $29.46 over the past 12 months.  Today MSFT trades with a P/E Ratio of 9.5 and EPS of 2.7.

MSFT

 

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