The stock of Advanced Micro Devices Inc. (AMD) has gone down by -3.47% for the week, with a -4.46% drop in the past month and a -17.57% drop in the past quarter. The volatility ratio for the week is 3.62%, and the volatility levels for the past 30 days are 4.02% for AMD. The simple moving average for the past 20 days is -3.63% for AMD’s stock, with a 8.42% simple moving average for the past 200 days.
Is It Worth Investing in Advanced Micro Devices Inc. (NASDAQ: AMD) Right Now?
Additionally, the 36-month beta value for AMD is 1.80. There are mixed opinions on the stock, with 27 analysts rating it as a “buy,” 5 rating it as “overweight,” 12 rating it as “hold,” and 0 rating it as “sell.”
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The average price predicted by analysts for AMD is $143.00, which is $35.26 above the current price. The public float for AMD is 1.61B and currently, short sellers hold a 1.75% ratio of that float. The average trading volume of AMD on September 15, 2023 was 62.32M shares.
AMD) stock’s latest price update
Advanced Micro Devices Inc. (NASDAQ: AMD)’s stock price has plunge by -3.96relation to previous closing price of 106.63. Nevertheless, the company has seen a -3.47% plunge in its stock price over the last five trading sessions. MarketBeat reported 2023-09-15 that Shareholders of Advanced Micro Devices NASDAQ: AMD are undoubtedly happy campers, with the stock up over 65% year-to-date. However, shareholders might be less content in the short term, with shares down almost 16% over the previous three months.
Analysts’ Opinion of AMD
Many brokerage firms have already submitted their reports for AMD stocks, with Citigroup repeating the rating for AMD by listing it as a “Buy.” The predicted price for AMD in the upcoming period, according to Citigroup is $136 based on the research report published on August 02, 2023 of the current year 2023.
AMD Trading at -7.14% from the 50-Day Moving Average
After a stumble in the market that brought AMD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.90% of loss for the given period.
Volatility was left at 4.02%, however, over the last 30 days, the volatility rate increased by 3.62%, as shares sank -0.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.88% lower at present.
During the last 5 trading sessions, AMD fell by -2.53%, which changed the moving average for the period of 200-days by +41.28% in comparison to the 20-day moving average, which settled at $106.21. In addition, Advanced Micro Devices Inc. saw 58.11% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AMD starting from Su Lisa T, who sale 75,000 shares at the price of $105.40 back on Sep 12. After this action, Su Lisa T now owns 3,358,721 shares of Advanced Micro Devices Inc., valued at $7,904,861 using the latest closing price.
GRASBY PAUL DARREN, the EVP Strategic Partnerships of Advanced Micro Devices Inc., sale 14,942 shares at $106.21 during a trade that took place back on Aug 30, which means that GRASBY PAUL DARREN is holding 103,663 shares at $1,586,990 based on the most recent closing price.
Stock Fundamentals for AMD
Current profitability levels for the company are sitting at:
- +6.84 for the present operating margin
- +36.03 for the gross margin
The net margin for Advanced Micro Devices Inc. stands at +5.59. The total capital return value is set at 4.90, while invested capital returns managed to touch 4.03. Equity return is now at value 0.00, with 0.00 for asset returns.
Based on Advanced Micro Devices Inc. (AMD), the company’s capital structure generated 5.23 points at debt to equity in total, while total debt to capital is 4.97. Total debt to assets is 4.24, with long-term debt to equity ratio resting at 5.23. Finally, the long-term debt to capital ratio is 4.97.
When we switch over and look at the enterprise to sales, we see a ratio of 7.74, with the company’s debt to enterprise value settled at 0.03. The receivables turnover for the company is 6.90 and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.36.
Conclusion
In conclusion, Advanced Micro Devices Inc. (AMD) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
