A new trading day began on Friday, with Advanced Micro Devices Inc. (NASDAQ: AMD) stock price down -1.50% from the previous day of trading, before settling in for the closing price of $136.32. AMD’s price has ranged from $93.11 to $227.30 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 31.41% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 28.89%. With a float of $1.61 billion, this company’s outstanding shares have now reached $1.62 billion.
In an organization with 26000 employees, it is important to assess its efficiency.
Advanced Micro Devices Inc. (AMD) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductors Industry. The insider ownership of Advanced Micro Devices Inc. is 0.54%, while institutional ownership is 70.46%. The most recent insider transaction that took place on Jul 15 ’24, was worth 3,091,482. In this transaction Chief Technology Officer & EVP of this company sold 16,756 shares at a rate of $184.50, taking the stock ownership to the 1,546,227 shares. Before that another transaction happened on Jun 14 ’24, when Company’s Chief Technology Officer & EVP sold 16,200 for $158.94, making the entire transaction worth $2,574,853. This insider now owns 1,546,227 shares in total.
Advanced Micro Devices Inc. (AMD) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 28.89% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 32.90% 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
Here are Advanced Micro Devices Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.34. Likewise, its price to free cash flow for the trailing twelve months is 160.14.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.83, a number that is poised to hit 0.92 in the next quarter and is forecasted to reach 5.43 in one year’s time.
Technical Analysis of Advanced Micro Devices Inc. (AMD)
Let’s dig in a bit further. During the last 5-days, its volume was 56.97 million. That was inferior than the volume of 63.92 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 35.44%. Additionally, its Average True Range was 8.20.
During the past 100 days, Advanced Micro Devices Inc.’s (AMD) raw stochastic average was set at 18.89%, which indicates a significant decrease from 35.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.42% in the past 14 days, which was higher than the 48.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $157.26, while its 200-day Moving Average is $155.10. However, in the short run, Advanced Micro Devices Inc.’s stock first resistance to watch stands at $135.70. Second resistance stands at $137.13. The third major resistance level sits at $138.76. If the price goes on to break the first support level at $132.64, it is likely to go to the next support level at $131.01. Assuming the price breaks the second support level, the third support level stands at $129.58.
Advanced Micro Devices Inc. (NASDAQ: AMD) Key Stats
With a market capitalization of 217.31 billion, the company has a total of 1,616,314K Shares Outstanding. Currently, annual sales are 22,680 M while annual income is 854,000 K. The company’s previous quarter sales were 5,835 M while its latest quarter income was 265,000 K.
