Advanced Micro Devices, Inc.s in-depth stock price analysis indicates that the stock price has rallied 55.91% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 77.05% . Looking at the past 52 week period, the stock price is up at 642.08% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Advanced Micro Devices, Inc. has a positive value of 297.9 compared to overall market. Advanced Micro Devices, Inc. (NASDAQ:AMD) has climbed 10.95% in the past week and advanced 28.36% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 10.05% and the outperformance has advanced to 26.06% for the last 4 weeks period.
Advanced Micro Devices, Inc. (NASDAQ:AMD) : On Friday heightened volatility was witnessed in Advanced Micro Devices, Inc. (NASDAQ:AMD) which led to swings in the share price. The stock opened for trading at $13.86 and hit $13.86 on the upside , eventually ending the session at $13.58, with a gain of 1.19% or 0.16 points. The heightened volatility saw the trading volume jump to 54,579,343 shares. The 52-week high of the share price is $14.27 and the company has a market cap of $12,587 million. The 52-week low of the share price is at $1.81 .
Advanced Micro Devices Last issued its quarterly earnings results on Jan 31, 2017. The company reported $-0.01 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $-0.02. The company had revenue of $1106.00 million for the quarter, compared to analysts expectations of $1071.50 million. The companys revenue was up 15.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.10 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Canaccord Genuity on Feb 1, 2017 to Buy, Raises Price Target to $ 14 from a previous price target of $13 .Advanced Micro Devices was Upgraded by Mizuho on Dec 20, 2016 to Buy, Price Target of the shares are set at $13.Advanced Micro Devices was Upgraded by Morgan Stanley to Equal-Weight on Dec 15, 2016. Advanced Micro Devices was Upgraded by BofA/Merrill to Buy on Dec 8, 2016. Advanced Micro Devices was Initiated by Loop Capital to Buy on Dec 6, 2016.
Company has reported several Insider transactions to the SEC, on Feb 7, 2017, Harry A Wolin (SVP & GC) sold 84,375 shares at 12.30 per share price.On Jan 18, 2017, Mark D Papermaster (SVP & Chief Technology Officer) sold 91,476 shares at 9.96 per share price.On Jan 18, 2017, Devinder Kumar (SVP, CFO & Treasurer) sold 56,240 shares at 9.96 per share price.
Advanced Micro Devices, Inc. is a world-class company with the innovation, execution, and vision to grow our leadership position in the industry. Todays world-class companies share three essential characteristics. First, they deliver innovative products and technologies that customers want. Second, they have established a proven track record of fast, efficient manufacturing execution. And third, they have a bold vision of where to take their business, and often their industry. Over the course of AMDs three decades in business, silicon and software have become the steel and plastic of the worldwide digital economy. Technology companies have become global pacesetters, making technical advances at a prodigious rate always driving the industry to deliver more and more, faster and faster. AMDs dedication to customer-centric innovation and competitive spirit is an unbroken thread running from our early days in the integrated circuit business, through an ever-broadening product portfolio.