Advanced Micro Devices Inc. (AMD) is -9.85% away from 50-day simple Moving Average despite all headwinds

Advanced Micro Devices Inc. (NASDAQ: AMD) kicked off on Friday, down -4.23% from the previous trading day, before settling in for the closing price of $170.50. Over the past 52 weeks, AMD has traded in a range of $81.02-$227.30.

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Annual sales at Technology sector company grew by 31.41% over the past five years. While this was happening, its average annual earnings per share was recorded 39.60%. With a float of $1.60 billion, this company’s outstanding shares have now reached $1.62 billion.

Let’s look at the performance matrix of the company that is accounted for 26000 employees.

Advanced Micro Devices Inc. (AMD) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Semiconductors Industry. The insider ownership of Advanced Micro Devices Inc. is 1.07%, while institutional ownership is 71.64%. The most recent insider transaction that took place on Mar 15 ’24, was worth 3,025,082. In this transaction Chief Technology Officer & EVP of this company sold 16,200 shares at a rate of $186.73, taking the stock ownership to the 1,554,602 shares. Before that another transaction happened on Mar 13 ’24, when Company’s Chair, President & CEO sold 125,000 for $195.13, making the entire transaction worth $24,391,404. This insider now owns 3,222,230 shares in total.

Advanced Micro Devices Inc. (AMD) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.01 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 39.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 24.96% during the next five years compared to 10.43% growth over the previous five years of trading.

Advanced Micro Devices Inc. (NASDAQ: AMD) Trading Performance Indicators

Take a look at Advanced Micro Devices Inc.’s (AMD) current performance indicators. Last quarter, stock had a quick ratio of 1.86. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.63. Likewise, its price to free cash flow for the trailing twelve months is 235.35.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.52, a number that is poised to hit 0.62 in the next quarter and is forecasted to reach 5.50 in one year’s time.

Technical Analysis of Advanced Micro Devices Inc. (AMD)

Advanced Micro Devices Inc. (NASDAQ: AMD) saw its 5-day average volume 51.81 million, a negative change from its year-to-date volume of 75.43 million. As of the previous 9 days, the stock’s Stochastic %D was 16.12%. Additionally, its Average True Range was 7.89.

During the past 100 days, Advanced Micro Devices Inc.’s (AMD) raw stochastic average was set at 42.29%, which indicates a significant increase from 5.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.30% in the past 14 days, which was lower than the 49.12% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $181.02, while its 200-day Moving Average is $134.92. Nevertheless, the first resistance level for the watch stands at $165.38 in the near term. At $167.48, the stock is likely to face the second major resistance level. The third major resistance level sits at $169.25. If the price goes on to break the first support level at $161.50, it is likely to go to the next support level at $159.73. The third support level lies at $157.63 if the price breaches the second support level.

Advanced Micro Devices Inc. (NASDAQ: AMD) Key Stats

The company with the Market Capitalisation of 263.83 billion has total of 1,616,140K Shares Outstanding. Its annual sales at the moment are 22,680 M in contrast with the sum of 854,000 K annual income. Company’s last quarter sales were recorded 6,168 M and last quarter income was 667,000 K.