The trading price of Advanced Micro Devices Inc. (NASDAQ:AMD) closed lower on Friday, April 19, closing at $146.64, -5.44% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 280.22. In examining the 52-week price action we see that the stock hit a 52-week high of $227.30 and a 52-week low of $81.02. Over the past month, the stock has lost -18.41% in value.
Advanced Micro Devices Inc., whose market valuation is $236.99 billion at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Advanced Micro Devices Inc. No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest AMD has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 50% Buy.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 11.22, which symbolizes a positive outlook. A quick review shows that AMD’s price is currently -14.46% off the SMA20 and -18.48% off the SMA50. The RSI metric on the 14-day chart is currently showing 28.91, and weekly volatility stands at 4.33%. When measured over the past 30 days, the indicator reaches 4.07%. Advanced Micro Devices Inc. (NASDAQ:AMD)’s beta value is currently sitting at 1.67, while the Average True Range indicator is currently displaying 7.67.
To see how Advanced Micro Devices Inc. stock has been performing in comparison to its peers in the industry, here are the numbers: AMD stock’s performance was -5.44% in the latest trading, and 63.04% in the past year. Advanced Micro Devices Inc. has a P/E ratio of 280.22.
An evaluation of the daily trading volume of Advanced Micro Devices Inc. (NASDAQ:AMD) indicates that the 3-month average is 74.44 million.
Currently, records show that 1.62 billion of the company’s shares remain outstanding. The insiders hold 1.07% of outstanding shares, whereas institutions hold 71.58%. However, since the stock’s price has seen -0.52% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
