Microchip Technology Inc (NASDAQ: MCHP) stock suffered a major decline of -10.6% on 3/10/25. The shares closed at $53.45. Moreover, trading volume in this decline was unusually high at 160% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -9.2% during the last week.
Current PriceTarget Research Rating
Microchip Technology has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Microchip Technology has a very low Appreciation Score of 15 and a very low Power Rating of 4, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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