A major move is in the offing as Advanced Micro Devices Inc (AMD) market cap hits 219.06 billion

Advanced Micro Devices Inc (NASDAQ: AMD) on Monday, soared 2.99% from the previous trading day, before settling in for the closing price of $134.90. Within the past 52 weeks, AMD’s price has moved between $116.37 and $227.30.

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During the last 5-year period, the sales growth of Technology Sector giant was 31.41%. The company achieved an average annual earnings per share of 25.60%. With a float of $1.61 billion, this company’s outstanding shares have now reached $1.62 billion.

Let’s determine the extent of company efficiency that accounts for 26000 employees. In terms of profitability, gross margin is 51.16%, operating margin of 5.64%, and the pretax margin is 6.03%.

Advanced Micro Devices Inc (AMD) Insider Activity

Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of Advanced Micro Devices Inc is 0.59%, while institutional ownership is 68.82%. The most recent insider transaction that took place on Nov 06 ’24, was worth 11,509,369. In this transaction Chair, President & CEO of this company sold 80,000 shares at a rate of $143.87, taking the stock ownership to the 3,566,762 shares. Before that another transaction happened on Nov 05 ’24, when Company’s EVP & GM DESG sold 40,540 for $141.67, making the entire transaction worth $5,743,302. This insider now owns 293,347 shares in total.

Advanced Micro Devices Inc (AMD) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 25.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 39.40% 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

Advanced Micro Devices Inc (AMD) is currently performing well based on its current performance indicators. A quick ratio of 1.78 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.02. Likewise, its price to free cash flow for the trailing twelve months is 140.78.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.12, a number that is poised to hit 1.10 in the next quarter and is forecasted to reach 5.16 in one year’s time.

Technical Analysis of Advanced Micro Devices Inc (AMD)

Looking closely at Advanced Micro Devices Inc (NASDAQ: AMD), its last 5-days average volume was 36.68 million, which is a drop from its year-to-date volume of 55.54 million. As of the previous 9 days, the stock’s Stochastic %D was 13.53%. Additionally, its Average True Range was 5.12.

During the past 100 days, Advanced Micro Devices Inc’s (AMD) raw stochastic average was set at 26.13%, which indicates a significant decrease from 27.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.18% in the past 14 days, which was higher than the 50.85% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $154.53, while its 200-day Moving Average is $161.18. However, in the short run, Advanced Micro Devices Inc’s stock first resistance to watch stands at $140.82. Second resistance stands at $142.70. The third major resistance level sits at $144.51. If the price goes on to break the first support level at $137.13, it is likely to go to the next support level at $135.32. Should the price break the second support level, the third support level stands at $133.44.

Advanced Micro Devices Inc (NASDAQ: AMD) Key Stats

Market capitalization of the company is 219.06 billion based on 1,622,807K outstanding shares. Right now, sales total 22,680 M and income totals 854,000 K. The company made 6,819 M in profit during its latest quarter, and 771,000 K in sales during its previous quarter.