Notable News to Watch: Advanced Micro Devices, Inc. (NASDAQ: AMD)

On Wednesday, Advanced Micro Devices, Inc. (NASDAQ: AMD) changed -0.61% to recent value of $35.93. The stock transacted 51158115 shares during most recent day however it has an average volume of 57749.59K shares. It spotted trading -3.36% off 52-week high price. On the other end, the stock has been noted 124.14% away from the low price over the last 52-weeks.

Recently, AMD reported the release of the highly anticipated flagship 16-core AMD Ryzen 9 3950X processor, accessible worldwide November 25, 2019. AMD Ryzen 9 3950X processor brings the ultimate processor for gamers with effortless 1080P gaming in select titles1 and up to 2X more energy efficient processing power contrast to the competition2 as the world’s fastest 16-core consumer desktop processor3. In addition, AMD also reported a important performance uplift4 coming for mainstream desktop users with the new AMD Athlon 3000G, arriving November 19, 2019.

“We are excited to bring the AMD Ryzen™ 9 3950X to market later this month, offering enthusiasts the most powerful 16-core desktop processor ever,” stated Chris Kilburn, corporate vice president and general manager, client channel, AMD. “We are focused on offering the best solutions at every level of the market, including the AMD Athlon 3000G for everyday PC users that delivers great performance at an incredible price point.”

AMD has a gross margin of 40.80% and an operating margin of 5.00% while its profit margin remained 3.50% for the last 12 months. Its earnings per share (EPS) expected to touch remained 126.90% for this year while earning per share for the next 5-years is expected to reach at 36.50%.  The company has 1097M of outstanding shares and 1092.71M shares were floated in the market. According to the most recent quarter its current ratio was 2.1 that represents company’s ability to meet its current financial obligations. The price moved ahead of 12.07% from the mean of 20 days, 16.52% from mean of 50 days SMA and performed 25.52% from mean of 200 days price. Company’s performance for the week was 8.45%, 27.28% for month and YTD performance remained 94.64%.

 

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