Stocks of Advanced Micro Devices Inc (NASDAQ:AMD) traded higher last session on Wall Street, down -0.47% to $102.74.
AMD stock price is now -5.90% away from the 50-day moving average and -25.33% away from the 200-day moving average. The market capitalization of the company currently stands at $166.49B.
With the price target reduced from $135 to $120, Jefferies Downgraded its rating from Buy to Hold for Advanced Micro Devices Inc (NASDAQ: AMD). On February 14, 2025, Daiwa Securities Downgraded its previous ‘Buy’ rating to ‘Outperform’ on the stock reducing its target price from $170 to quote $130, while ‘DZ Bank’ rates the stock as ‘Hold’
In other news, Papermaster Mark D, Chief Technology Officer & EVP sold 17,500 shares of the company’s stock on Mar 14 ’25. The stock was sold for $1,754,674 at an average price of $100.27. Upon completion of the transaction, the Chief Technology Officer & EVP now directly owns 1,713,710 shares in the company, valued at $176.07 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 14 ’25, Officer MARK PAPERMASTER bought 17,500 shares of the business’s stock. A total of $1,754,676 was incurred on buying the stock at an average price of $100.27. 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 $187.28. 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 $163676913664, which is based on a 102.41 price-to-earnings ratio, a 3.09 price-to-earnings-growth ratio, and a beta of 1.87. The fifty day moving average price for AMD is $109.1804 and a two-hundred day moving average price translates $137.60005 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.
