Shares of AMD slid 3.57% to $91.33 at 13:45 EST on Wednesday, after four consecutive sessions in a row of gains. NASDAQ Composite is sliding 1.08% to $13,479.39, following last session’s downward trend, This seems, up to now, an all-around negative trend exchanging session today.
AMD’s last close was $94.71, 8.65% under its 52-week high of $99.23.
AMD’s sales growth is 54.4% for the ongoing quarter and 52.2% for the next. The company’s growth estimates for the present quarter and the next is 94.4% and 122.2%, respectively.
Year-on-year quarterly revenue growth grew by 52.5%, now sitting on 9.76B for the twelve trailing months.
AMD’s last day, last week, and last month’s average volatility was 0.62%, 1.16%, and 0.17%, respectively.
AMD’s last day, last week, and last month’s high and low average amplitude percentage was 2.23%, 3.60%, and 3.43%, respectively.
AMD’s Stock Yearly Top and Bottom Value
AMD’s stock is valued at $91.33 at 13:45 EST, under its 52-week high of $99.23 and way higher than its 52-week low of $36.75.
AMD’s Moving Average
AMD’s value is under its 50-day moving average of $92.83 and above its 200-day moving average of $83.04.
Previous days news about AMD
AMD reports quarterly revenue above $3 billion for first time. According to MarketWatch on Tuesday, 26 January, “Our 2021 financial outlook highlights the strength of our product portfolio and robust demand for high-performance computing across the PC, gaming and data-center markets,” said AMD President and CEO Lisa Su in a statement. “
AMD gives upbeat sales forecast on ‘robust’ demand for chips. According to Bloomberg Quint on Tuesday, 26 January, “First-quarter revenue will be about $3.2 billion, plus or minus $100 million, Santa Clara, California-based AMD said Tuesday. “, “However, AMD has revamped its products and outsourced production, helping it create semiconductors that match or exceed the performance of Intel offerings. “