Microsoft Corporation (MSFT) spotted trading -2.82% off 52-week high price. On the other end, the stock has been noted 35.88% away from the low price over the last 52-weeks. The stock changed 0.61% to recent value of $127.67. The stock transacted 15332848 shares during most recent day however it has an average volume of 25008.9K shares. The company has 7714.27M of outstanding shares and 7554.48M shares were floated in the market.
Microsoft Corp. (MSFT)
On Wednesday, Microsoft Corp. (MSFT) reported a new wind energy agreement in the Netherlands. Microsoft will purchase 90 MW from the massive 731.5 MW offshore wind project, Borssele III/IV, from Dutch sustainable energy company and wind farm developer Eneco. Eneco will provide Microsoft’s datacenters with green power for 15 years starting in 2022.
This is Microsoft’s second purchase of wind energy in the Netherlands in a year, which brings its total wind energy purchases to 270 MW in the Netherlands — one of the largest corporate renewable energy portfolios in the country.
“Tech companies are facing the challenge to reduce their carbon footprints, mostly due to the vast energy consumption of their datacenters,” said Hans Peters, chief customer officer, Eneco. “A global frontrunner like Microsoft does not see this as a challenge, but as an opportunity to boost the energy transition. We are proud we can help them switch to a sustainable, smart and clean energy supply in the Netherlands. As a result, Microsoft is creating local opportunity, growth and impact while enabling Eneco to continue to invest in large-scale renewable energy projects like Borssele III/IV.”
“Our purchasing of renewable energy helps improve the sustainability of our operations and local grids,” said Brian Janous, general manager, Energy and Sustainability, Microsoft. “This agreement is our 14th renewable energy power purchase agreement and brings our total clean energy portfolio to more than 1.5 GW. The electricity generated will help support the continued long-term growth of Microsoft cloud services delivered from the Netherlands, which is one of 54 Azure regions announced and part of one of the largest and most innovative cloud infrastructures in the world.”
Its earnings per share (EPS) expected to touch remained 19.30% for this year while earning per share for the next 5-years is expected to reach at 14.80%. MSFT has a gross margin of 65.40% and an operating margin of 33.50% while its profit margin remained 28.60% for the last 12 months.
According to the most recent quarter its current ratio was 3 that represents company’s ability to meet its current financial obligations. The price moved ahead of 0.39% from the mean of 20 days, 4.42% from mean of 50 days SMA and performed 14.50% from mean of 200 days price. Company’s performance for the week was 1.31%, 1.78% for month and YTD performance remained 25.70%.