Worth Watching Stock: Advanced Micro Devices, Inc. (NASDAQ:AMD)

Advanced Micro Devices, Inc. (NASDAQ:AMD) share price plunged -0.33% or -0.02 points to reach at $6.02 during previous trading session. The stock’s price fluctuated within the range of $5.95– $6.20during previous trading session. A total of 64,344,764 shares exchanged hands, whereas the company’s average trading volume stands at 37.24M shares. Advanced Micro Devices, Inc. (NASDAQ:AMD) has a market capitalization of $5.21B and most recently 895.00M outstanding shares have been calculated.

Relative strength index (RSI-14) for Advanced Micro Devices, Inc. (NASDAQ:AMD) is at 39.77.

According to sentiments of 16 analysts the mean estimates of short term price target for the company’s stock is marked at $6.01. The most optimistic analyst sees the stock reaching $9.00 while the most conventional predicts the target price at $2.50.

According to analysts minimum EPS for the current quarter is expected at $-0.02 and can go high up to $0.01. However a year ago during same quarter Advanced Micro Devices, Inc. (NASDAQ:AMD) reported $-0.17 EPS.

For the upcoming quarter, initial predictions are anticipating that the company will post earnings of $-0.04 per share according to consensus of 19 analysts.

According to sentiments of 18 analysts the company is expected to report revenues of $1.05B for the current quarter. Bearish revenue estimates established at $1.2B while the bullish revenue forecast has been figured out at $1.22B.

In terms of Buy/Sell recommendations, analysts have a consensus rating of 2.91 on the shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) Out of rating recommendations 4 have given the stock a Buy while 3 recommend the stock as Outperform. 9 have given the stock a Hold rating, 3 as Underperform and 3 as Sell.

On technical side, moving averages may help to distinguish direction of tendencies, and they might also be used to set levels of sustenance and resistance. Advanced Micro Devices, Inc. (NASDAQ:AMD) ’s distance from 20 day simple moving average is -14.32% whereas its distance from 50 day simple moving average is -6.50% along with 54.79% distance from 200 day simple moving average.

An important factor to consider when evaluating a stock’s current and future value is the 52 week price high and low levels. Advanced Micro Devices, Inc. (NASDAQ:AMD) shares were trading -24.75% below from the 52-week high mark of $8.00 and 264.85% above from the 52-week bottom of $8.00. The stock hit its 52-week high price on 08/19/16, and 52-week low price on 09/29/16.

When we have a peek on stock’s historical trends we come to know that, the stock has slipped -3.29% in the past one week and plunged -11.21 during previous one month drive, the stock went up 26.74% during past quarter. In the last six months the stock’s performance soared 115.00%while yearly performance of the company fell 218.52%. The company’s year to date (YTD) performance is at 109.76%.

While taking a glance at financials, we can look at a number of key indicators. Advanced Micro Devices, Inc. (NASDAQ:AMD) has a Return on Assets (ROA) of -10.80%. The company currently has a Return on Equity (ROE) of 81.50% and a Return on Investment (ROI) of -27.10%. Average true range (ATR-14) of the company sets at 0.34, along with its weekly and monthly volatility of 5.36%, 4.91%respectively. Beta value of the stock stands at 2.34.

The company’s quick ratio for most recent quarter is 1.10 along with current ratio for most recent quarter of 1.60.

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