Advanced Micro Devices Inc (NASDAQ: AMD)’s stock price has plunge by 0.85relation to previous closing price of 137.49. Nevertheless, the company has seen a 2.79% surge in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-22 that Dublin, Nov. 22, 2024 (GLOBE NEWSWIRE) — The “Wet Age-Related Macular Degeneration (Wet AMD) – Pipeline Insight, 2024” report has been added to ResearchAndMarkets.com’s offering.
Is It Worth Investing in Advanced Micro Devices Inc (NASDAQ: AMD) Right Now?
The price-to-earnings ratio for Advanced Micro Devices Inc (NASDAQ: AMD) is above average at 124.07x, Company’s 36-month beta value is 1.67.Analysts have differing opinions on the stock, with 30 analysts rating it as a “buy,” 7 as “overweight,” 15 as “hold,” and 4 as “sell.”
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The public float for AMD is 1.61B, and currently, short sellers hold a 3.54% ratio of that floaft. The average trading volume of AMD on November 22, 2024 was 35.58M shares.
AMD’s Market Performance
AMD stock saw a decrease of 2.79% in the past week, with a monthly decline of -9.63% and a quarterly a decrease of -7.55%. The volatility ratio for the week is 3.05%, and the volatility levels for the last 30 days are 2.93% for Advanced Micro Devices Inc (AMD). The simple moving average for the past 20 days is -3.77% for AMD’s stock, with a -13.62% simple moving average for the past 200 days.
Analysts’ Opinion of AMD
Many brokerage firms have already submitted their reports for AMD stocks, with TD Cowen repeating the rating for AMD by listing it as a “Buy.” The predicted price for AMD in the upcoming period, according to TD Cowen is $185 based on the research report published on October 30, 2024 of the current year 2024.
TD Cowen gave a rating of “Buy” to AMD, setting the target price at $210 in the report published on August 19th of the current year.
AMD Trading at -9.77% 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 -39.00% of loss for the given period.
Volatility was left at 2.93%, however, over the last 30 days, the volatility rate increased by 3.05%, as shares sank -11.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.05% lower at present.
During the last 5 trading sessions, AMD rose by +2.69%, which changed the moving average for the period of 200-days by -18.20% in comparison to the 20-day moving average, which settled at $144.10. In addition, Advanced Micro Devices Inc saw -5.93% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AMD starting from Su Lisa T, who sale 80,000 shares at the price of $143.87 back on Nov 06 ’24. After this action, Su Lisa T now owns 3,566,762 shares of Advanced Micro Devices Inc, valued at $11,509,369 using the latest closing price.
Norrod Forrest Eugene, the EVP & GM DESG of Advanced Micro Devices Inc, sale 40,540 shares at $141.67 during a trade that took place back on Nov 05 ’24, which means that Norrod Forrest Eugene is holding 293,347 shares at $5,743,302 based on the most recent closing price.
Stock Fundamentals for AMD
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.51 for the gross margin
The net margin for Advanced Micro Devices Inc stands at 0.08. The total capital return value is set at 0.02. Equity return is now at value 3.26, with 2.66 for asset returns.
Based on Advanced Micro Devices Inc (AMD), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 1.23. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is 13.71.
Currently, EBITDA for the company is 4.15 billion with net debt to EBITDA at -0.35. When we switch over and look at the enterprise to sales, we see a ratio of 9.15. The receivables turnover for the company is 3.34for trailing twelve months and the total asset turnover is 0.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.50.
Conclusion
In a nutshell, Advanced Micro Devices Inc (AMD) has experienced a mixed performance in recent times. The stock has received mixed “sell” and “hold” ratings from analysts. 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.
