Worth Chasing Technology Stock: Advanced Micro Devices, Inc. (NASDAQ:AMD)

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) decreased -1.55% to $24.13 on Thursday. The share price is trading in a range of 24.07 – 24.66 (Price in Dollars).

The stock exchanged hands 70.84M shares versus average trading capacity of 104.09M shares, while its shares’ total market worth is $24.12B. Advanced Micro Devices, Inc. (NASDAQ:AMD) shares were trading –29.32% below from the 52-week high price mark of $34.14 and +166.92% above from the 52-week price bottom of $9.04. However the company observed 52 week high price on Apr 23, 2019 and witnessed 52 week low price on Apr 29, 2019.

ABU DHABI (Reuters) – Abu Dhabi’s Mubadala Investment Co said on Tuesday it will sell its stake of 34.9 million common equity shares and convert 75 million warrants in U.S chipmaker Advanced Micro Devices (AMD).

The Abu Dhabi state fund, which has stakes in General Electric and private equity firm Carlyle Group, first invested in AMD in 2007.

AMD is a supplier of standard computer microprocessors, and rivals Intel Corp and Nvidia Corp.

Mubadala will continue to be a major shareholder in AMD after the transaction, with ownership of about 6.9 percent, once the 75 million warrants are converted to common equity shares, the company said.

“Today’s transaction remains in line with Mubadala’s overall investment strategy to monetize mature holdings to deliver attractive commercial returns,” Brian Lott, a spokesman with Mubadala said.

Converting the warrants will provide AMD with $448.5 million, Mubadala said in a statement issued in Abu Dhabi, the capital of the United Arab Emirates.

The company employs 8900 people, over the last 12 months has generated revenue of $6.54 Billion and has a net income of $-770.00 million.

The company’s EPS growth in prior 5 years was 8.10%. In the liquidity ratio analysis; current ratio was 1.80 while debt to equity ratio was 1.16.

Advanced Micro Devices institutional ownership is held at 63.80% while insider ownership was 0.70%. Its EPS was $-0.54 while outstanding shares of the company were 950.19 million. The Company’s Net profit margin was 5.50% while gross profit margin was 37.10%. AMD last month stock price volatility remained 5.96%.

The stock is now trading at a distance of 16.10% from 20-day simple moving average. The company’s price sits 20.81% above from its 50-day moving average of $19.73 and 22.78% far from the stock’s 200-day moving average which is $22.41.

Advanced Micro Devices, Inc. (NASDAQ:AMD) currently has a PEG ratio of 0.00 where as its P/E ratio is 0.00. The company’s price to sales ratio for trailing twelve months is 3.51 and price to book ratio for most recent quarter is 21.17, whereas price to cash per share for the most recent quarter is 21.71. Advanced Micro Devices, Inc. (NASDAQ:AMD)’s price to free cash flow for trailing twelve months is 128.81. Its quick ratio for most recent quarter is 1.40 along with current ratio for most recent quarter of 1.80. Total debt to equity ratio of the company for most recent quarter is 1.16 whereas long term debt to equity ratio for most recent quarter is 1.04. Advanced Micro Devices, Inc. (NASDAQ:AMD) has a Return on Assets of 9.10%. The company currently has a Return on Equity of 43.40% and Return on Investment of -48.10%.

Lewis Demko

This is Lewis Demko and I like to introduce myself as an adviser, in the Technology Sector. I worked independently as a self motivator and with the financial institute as financial adviser to invest in the technology sector for over 9 years in the developing countries by introducing new phases and ways to improve in the technology sector. I like to travel all over the globe to get new experience and provide by best services to the companies. As an adviser I like to work with new people to share and explore new ideas keeping in view minimizing the operating cost and giving the best final product through new technology and minimizing the time of development.