The price of Advanced Micro Devices Inc (NASDAQ:AMD) shares last traded on Wall Street fell -0.81% to $140.71.
AMD stock price is now -8.98% away from the 50-day moving average and -13.53% away from the 200-day moving average. The market capitalization of the company currently stands at $224.84B.
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With the price target reduced from $210 to $185, TD Cowen maintained Buy rating for Advanced Micro Devices Inc (NASDAQ: AMD). , while ‘TD Cowen’ rates the stock as ‘Buy’
In other news, Su Lisa T, Chair, President & CEO sold 80,000 shares of the company’s stock on Sep 11 ’24. The stock was sold for $11,577,327 at an average price of $144.72. Upon completion of the transaction, the Chair, President & CEO now directly owns 3,566,762 shares in the company, valued at $501.88 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 11 ’24, Director LISA SU bought 80,000 shares of the business’s stock. A total of $11,427,200 was incurred on buying the stock at an average price of $142.84. A total of 0.58% of the company’s stock is owned by insiders.
During the past 12 months, Advanced Micro Devices Inc has had a low of $105.91 and a high of $227.30. As of last week, the company has a debt-to-equity ratio of 0.04, a current ratio of 2.50, and a quick ratio of 1.78. According to the stock market information, the enterprise value for the company is $226039218176, which is based on a 125.90 price-to-earnings ratio, a 3.41 price-to-earnings-growth ratio, and a beta of 1.70. The fifty day moving average price for AMD is $154.8794 and a two-hundred day moving average price translates $162.8985 for the stock.
The latest earnings results from Advanced Micro Devices Inc (NASDAQ: AMD) was released for 2024-09-28. The net profit margin was 7.52% and return on equity was 3.26% for AMD. The company reported revenue of $6.82 billion for the quarter, compared to $5.8 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 17.57 percent.
