Advanced Micro Devices, Inc. (NASDAQ:AMD) , Linear Technology Corporation
Over the last 3 months and over the last 6 months, the shares of Advanced Micro Devices, Inc. With 51.25 million shares average volume, it will take short sellers 2 days to cover their AMD’s short positions. Both the RSI indicator and target price of 64.87 and $5.64 respectively, lead us to believe that it should be put on hold over the coming weeks.
Many analysts are providing their Estimated Earnings analysis for Advanced Micro Devices, Inc. and for the current quarter 16 analysts have projected that the stock could give an Average Earnings estimate of $0/share. $6 is the highest target while $1.75 is the lowest. The stock touched to the maximum level of $6.97, and it reached the lower level of $6.78 in past session. The company has its Price to Sales (P/S) ratio of 1.42 where Price to Book (P/B) ratio of 0, Price to Cash Per share (P/C) of 0 and Price to Free Cash Flow (P/FCF) has a value of 0. “10” told as a HOLD the stock. It has 794.00 million of outstanding shares and its shares float measured at 791.28. The rating by the firm was issued on July 22, 2016.
United States of America based company Advanced Micro Devices, Inc.’s (AMD)’s latest closing price was up 107.18% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 27.23% and 9.48% compared with the 20 Day Moving Average. For the reporting quarter, equity analysts expect the stock to deliver 0 in earnings per share (EPS).
While looking at the Stock’s Performance, Advanced Micro Devices, Inc. now shows a Weekly Performance of 1.82%, where Monthly Performance is 30.17%, Quarterly performance is 83.38%, 6 Months performance is 267.76% and yearly performance percentage is 275.98%.
According to ZACKS data, different Brokerage Firms rated the stock about their BUY, SELL or HOLD recommendations. Analyst’s mean target price for ARM Holdings plc (NASDAQ:ARMH) is $58.62 while analysts mean recommendation is 3.00. The price to sales ratio is 17. It opened the session with a $61.9 price tag, later ranging from $60.63 to $63.38, the range at which the stock has traded at throughout the day. The Stock now has a Weekly Volatility of 3.53% and Monthly Volatility of 5.31%.
The stock’s price is trading higher to its 52 week low of $15.72 with +3.05% and moving down from its 52 week high price of $20.47 with -20.86%. The Company sells its products through direct sales force and through independent distributors and sales representatives in both domestic and global markets. Investors might also notice that three month ago the Buy recommendations (5) were less than Sell recommendations (5). The highest analyst price target is $9.00, which implies a gain of 66 percent. (NASDAQ:AMD) are 1.82%; 30.17% for the month; 83.38% for the last quarter; 267.76% for the past six-months; and 275.98% for the last 12 months. Average recommendation stands as “OVERWEIGHT” with consensus analysis of “61” Analysts. Yearly performance of the stock has the value of 277.72 percent.