Advanced Micro Devices Inc (NASDAQ:AMD) shares, rose in value, with the stock price down by -3.07% to the previous day’s close as strong demand from buyers drove the stock to $106.81.
Actively observing the price movement in the recent trading, the stock is buoying the session at $110.19, falling within a range of $105.5499 and $107.61. The value of beta (5-year monthly) is 1.736 whereas the PE ratio is 106.47 over 12-month period. Referring to stock’s 52-week performance, its high was $187.28, and the low was $94.73. On the whole, AMD has fluctuated by 1.98% over the past month.
With the market capitalization of Advanced Micro Devices Inc currently standing at about $173.08 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-03.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 31.75B, with a low estimate of 6.89B and a high estimate of 7.46B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 7.1B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AMD’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 3.22, with the price of AMD currently trading nearly 3.37% and -2.75% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.89, while the 7-day volatility ratio is showing 3.88% which for the 30-day chart, stands at 3.91%. Furthermore, Advanced Micro Devices Inc (AMD)’s beta value is 1.88, and its average true range (ATR) is 4.43.
A comparison of Advanced Micro Devices Inc (AMD) with its peers suggests the former has fared considerably weaker in the market. AMD showed an intraday change of -3.07% in today’s session so far, and over the past year, it shrunk by -40.21%%.
Data on historical trading for Advanced Micro Devices Inc (NASDAQ:AMD) indicates that the trading volumes over the past 10 days have averaged 33.63 and over the past 3 months, they’ve averaged 38.30 million. According to company’s latest data on outstanding shares, there are 1.62 billion shares outstanding.
Nearly 0.61% of Advanced Micro Devices Inc’s shares belong to company insiders and institutional investors own 66.71% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 55.85 million shares as on 2025-03-14, resulting in a short ratio of 1.61. According to the data, the short interest in Advanced Micro Devices Inc (AMD) stood at 347.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 52.8 million. The stock has fallen by -11.57% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AMD stock heading into the next quarter.
