As of Thursday close, Advanced Micro Devices Inc.’s (NASDAQ:AMD) stock was down -$1.32, moving down -1.58 percent to $82.43. The average number of shares traded per day over the past five days has been 96,521,641 shares. 1 time new highs have been achieved over the past 5 days, with a -$6.87 fall in that time frame. In the last twenty days, the average volume was 101,633,281, while in the previous 50 days, it was 110,261,039.
Since last month, AMD stock retreated -13.30%. Shares of the company fell to $79.43 on 06/17/22, the lowest level in the past month. A 52-week high of $164.46 was reached on 01/04/22 after having rallying from a 52-week low of $79.43. Since the beginning of this year, AMD’s stock price has dropped by -42.72% or -$61.47, and marked a new high 2 times. However, the stock has declined by -49.88% since its 52-week high.
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Advanced Micro Devices Inc. (AMD) last reported insider trading activity 24 days ago on May 31. KUMAR DEVINDER, the EVP, CFO & Treasurer of the company, disposed of 20,000 shares for $102.44 on May 31. It resulted in a $2,048,800 divestment by the insider. KUMAR DEVINDER sold 28,966 shares at an average price of $100.00 on May 18. The insider now owns 524,370 shares following the transaction. On May 17, EVP, Computing & Graphics Bergman Rick sold 2,000 shares at $97.94 apiece. The transaction was valued at $195,880.
Right now, Advanced Micro Devices Inc. (AMD) has a P/E ratio of about 30.75. The stock’s beta is 1.87. Besides these, the trailing price-to-sales (P/S) ratio of 7.12, the price-to-book (PB) ratio of 2.08, and the price-to-cash flow ratio of 40.57 may also be considered.
In the three months ended March 30, Advanced Micro Devices Inc.’s quick ratio stood at 2.00, while its current ratio was 2.40, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.03, and the total debt-to-equity ratio was 0.03. On the profitability front, the trailing twelve-month gross margin is 48.50% percent. In the year ended March 30, operating margins totaled 20.80%. Based on annual data, AMD earned $7.93 billion in gross profit and brought in $16.43 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 40.10%. Return on equity (ROE) for the past 12 months was 17.60%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. AMD’s revenue rose 60.72% to $4.83 billion during the quarter, while net income inched up to $8.77 billion. While analysts expected Advanced Micro Devices Inc. to report $0.91 quarterly earnings, the actual figure was $1.13 per share, beating the consensus estimate by 24.20%. During the quarter, the company generated $1.67 billion in EBITDA. The liabilities of Advanced Micro Devices Inc. were 11.58 billion at the end of its most recent quarter ended March 30, and its total debt was $2.16 billion. The value of shareholders’ equity is $1.62 billion.
This quick technical analysis looks at Advanced Micro Devices Inc.’s (AMD) price momentum. With a historical volatility rate of 61.18%, the RSI 9-day stood at 31.18% on 23 June.
With respect to its five-day moving average, the current Advanced Micro Devices Inc. price is down by -7.69% percent or -$6.87. At present, AMD shares trade -9.58% below its 20-day simple moving average and -21.67% percent below its 100-day simple moving average. However, the stock is currently trading approximately -15.34% below its SMA50 and -24.48% below its SMA200.
Stochastic coefficient K was 12.92% and Stochastic coefficient D was 11.48%, while ATR was 5.03. Given the Stochastic reading of 9.95% for the 14-day period, the RSI (14) reading has been calculated as 36.47%. As of today, the MACD Oscillator reading stands at -2.42, while the 14-day reading stands at -8.79.
Advanced Micro Devices Inc. (AMD) has been rated Overweight by analysts. According to 1 brokerage firm, AMD is a sell, and 13 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 5 analysts rate Advanced Micro Devices Inc. stock as buy, with 22 recommending it as overweight.
With a median target price of $135.00, the current consensus forecast for the stock is $80.00 – $230.00. Based on these forecasts, analysts predict Advanced Micro Devices Inc. (AMD) will achieve an average price target of $135.30.