A number of institutional investors have recently modified their holdings of AMD. Over the last one month and the previous three months, Thermo Fisher Scientific Inc’s shares lost -7.38% and ticked down -9.70%, respectively. The share of C now has Market Capitalization of 137.31 Billion.
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Advanced Micro Devices, Inc. Bank of Montreal Can purchased a new position in shares of Advanced Micro Devices during the second quarter worth about $4,388,000. Royal Bank of Canada boosted its stake in Advanced Micro Devices by 1,208.6% in the first quarter. Looking further into earnings reaction history, the stock had moved down 19 times out of last 27 quarters.
Advanced Micro Devices closed down -0.08 points or -1.04% at $7.59 with 1,69,16,273 shares getting traded on Monday.
While looking at the Stock’s Performance, Advanced Micro Devices, Inc. now shows a Weekly Performance of 0.13%, where Monthly Performance is 10.64%, Quarterly performance is 66.08%, 6 Months performance is 248.17% and yearly performance percentage is 310.27%. Company is -0.93% away from its 52 week high and is moving 113.86% ahead of its 52 week low. The company has market capitalization of $3.29B.
US based company, Advanced Micro Devices, Inc.’s (AMD)’s latest closing price distance was 105.84% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 23.21% and 7.62% compared with the 20 Day Moving Average.
Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Thursday, July 21st. The semiconductor manufacturer reported ($0.05) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.08) by $0.03. Going forward, the company estimates third quarter of 2016 revenue to grow in the range of 15 percent to 21 percent. With the last stock close up 71.82% relative to the 200-day average, compared with the S&P 500 Index which has held steady over the same time period.
On the company’s financial health, Advanced Micro Devices reported $-0.12 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on April 21, 2016. The companys platforms are used in various computing applications comprising notebooks, 2 in 1 systems, desktops, servers, tablets, smartphones, wireless and wired connectivity products, wearables, retail devices, and manufacturing devices, as well as for retail, transportation, industrial, buildings, home use, and other market segments. Zacks Investment Research downgraded Advanced Micro Devices from a “buy” rating to a “hold” rating in a research report on Thursday, May 5th. The share price of the stock plunged -14.76% for the year. According to these analysts, the Low Revenue Estimate for Advanced Micro Devices, Inc.is 1.2 Billion and the High Revenue Estimate is 1.22 Billion.
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Separately, TheStreet Ratings objectively rated this stock according to its “risk-adjusted” total return prospect over a 12-month investment horizon. The stock has received “OVERWEIGHT” rating after consensus analysis from analysts. Advanced Micro Devices, Inc. represents Distance from 200-Day simple Moving Average as 110.19 Percent.
