During the last session 120M of Advanced Micro Devices, Inc. (NasdaqGS:AMD)’s shares were traded. The stock closed at $109.76 per share indicating that it lost -$5.89 or -5.09% during that day which brings the Advanced Micro Devices, Inc.’s valuation to $185.24B.
The 52-week high for the Advanced Micro Devices, Inc.’s shares is $164.46. That puts it -33.26% from that peak with a 52-week low of $72.50, while the S&P 500’s share price change was of 10.35%.
The company currently has a 44.29 P/E ratio and a price target of $153.59.
What does the trading volume tell us about the AMD stock?
During the last trading session, Advanced Micro Devices, Inc. (NasdaqGS:AMD) has seen growth in its daily volume. The daily volume was of 120M, while in the last 10 days the average was 123.89M and last three months – 80.01M.
Growing short interest
The Advanced Micro Devices, Inc.’s shares are seeing an increasing short interest compared to the previous month. As of today, there are 68.31M shares being shorted which translates into 0.85 of a short ratio for AMD, while in the previous month the shorted shares were 63.11M.
Advanced Micro Devices, Inc. (NasdaqGS:AMD)’s financials
With a market cap of 185.24B, Advanced Micro Devices, Inc. holds a total cash of $3.61B that translates into $3.01 per share, while the total debt is of $732M.
The company has seen an increase in the revenue with a year-over-year quarterly revenue growth percentage of 48.80%. The current revenue is of $16.43B that is $13.55 per share.
This is a great sign for a bright future.