Advanced Micro Devices Inc (NASDAQ:AMD) shares traded 3.59% higher at $104.59 on Wall Street last session.
AMD stock price is now -6.56% away from the 50-day moving average and -25.53% away from the 200-day moving average. The market capitalization of the company currently stands at $169.49B.
With the price target reduced from $170 to $130, Daiwa Securities Downgraded its rating from Buy to Outperform for Advanced Micro Devices Inc (NASDAQ: AMD). On February 07, 2025, DZ Bank Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock keeping its target price maintained at $120, while ‘Melius’ rates the stock as ‘Hold’
In other news, MARK PAPERMASTER, Officer bought 17,500 shares of the company’s stock on Mar 14 ’25. The stock was bought for $1,754,676 at an average price of $100.27. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 14 ’25, Chief Technology Officer & EVP Papermaster Mark D sold 17,500 shares of the business’s stock. A total of $1,987,545 was realized by selling the stock at an average price of $113.57. This leaves the insider owning 1,713,710 shares of the company worth $179.24 million. A total of 0.61% of the company’s stock is owned by insiders.
During the past 12 months, Advanced Micro Devices Inc has had a low of $94.73 and a high of $193.80. As of last week, the company has a debt-to-equity ratio of 0.04, a current ratio of 2.62, and a quick ratio of 1.83. According to the stock market information, the enterprise value for the company is $166674792448, which is based on a 104.26 price-to-earnings ratio, a 3.16 price-to-earnings-growth ratio, and a beta of 1.90. The fifty day moving average price for AMD is $111.9362 and a two-hundred day moving average price translates $140.4384 for the stock.
The latest earnings results from Advanced Micro Devices Inc (NASDAQ: AMD) was released for 2024-12-28. The net profit margin was 6.36% and return on equity was 2.89% for AMD. The company reported revenue of $7.66 billion for the quarter, compared to $6.17 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 24.16 percent.
