They now have a United States dollars 6.5 price target on the stock. The number of shares now owned by investors are 169.44 mln.
Analysts are also projecting an Average Revenue Estimate for Advanced Micro Devices, Inc.as $1.07 Billion in the Current Quarter. (AMD) opened the session with a $11.43 price tag, later ranging from $11.23 to $11.69, the range at which the stock has traded at throughout the day. The firm's market cap is $6.08 billion. In the past 5 years, the stock showed growth of -43.28% per annum. (NASDAQ: AMD) closed down -0.19 points or -1.66% at $11.24 with 38.76 mln shares exchanging hands.
Insider Trading News: Insiders at the company look pessimistic about the outlook as they seem to offload shares while they have -0.88 retreated so far this year.
The 52-week high for Advanced Micro Devices, Inc. stands at -7.96% while the 52-week low stands at 553.20%. The last close places the company's stock about $1.61 off its 52 week high of $10.19 and $5.42 above the 52 week low of $3.16.
While looking at the Stock's Performance, Advanced Micro Devices, Inc. now shows a Weekly Performance of -2.68%, where Monthly Performance is 29.49%, Quarterly performance is 65.78%, 6 Months performance is 123.9% and yearly performance percentage is 348.7%.
Advanced Micro Devices, Inc.
AMD has been the subject of several research reports. The company stock was upgraded to Buy from Neutral, wrote analysts at Mizuho, in a research note issued to clients on Tuesday, December 20, 2016.
12/06/2016 - Loop Capital began new coverage on Advanced Micro Devices, Inc. giving the company a "buy" rating. The Low Price target projection by analysts is $3.5 and the Mean Price Target is $8.88.
Advanced Micro Devices, Inc.'s short ratio is now at 1.71 and the float short is at 9.00%.
12/14/2016 - Advanced Micro Devices, Inc. had its "sell" rating reiterated by analysts at UBS.
12/12/2016 - Advanced Micro Devices, Inc. had its "sector weight" rating reiterated by analysts at Pacific Crest. They now have a Dollars 11 price target on the stock.
A number of hedge funds have recently modified their holdings of AMD.
Advanced Micro Devices, Inc.'s P/E ratio now stands at *TBA, while the P/S ratio is at 2.58 and the potential growth rate of earnings per share this year is at -60.60%. The number of shares now owned by investors are 947.3 mln.
12/14/2016 - Advanced Micro Devices, Inc. had its "buy" rating reiterated by analysts at Canaccord Genuity.
Seeking Alpha analyst The Value Portfolio concludes that the chip market is expanding and AMD's improved competitive position makes the stock a very lucrative investment opportunity.
10/17/2016 - Advanced Micro Devices, Inc. was upgraded to "perform" by analysts at Oppenheimer.
Advanced Micro Devices, Inc.is a global semiconductor company. They now have a United States dollars 10.5 price target on the stock.
11/22/2016 - Advanced Micro Devices, Inc. had its "buy" rating reiterated by analysts at MKM Partners. That puts the market capitalization at $1.45 bln. Hedge funds and other institutional investors own 42.18% of the company's stock.
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