Technology

Stocks within Traders Concentration: Advanced Micro Devices, Inc. (NASDAQ:AMD), Ericsson (NASDAQ:ERIC)

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Advanced Micro Devices, Inc. (NASDAQ:AMD) initiated the shares trading at $5.93 and showed positive change of +14.73% while the stock’s final trade was registered at $ 6.70. However, its previous closing price was seen at $5.84. The stock negotiated total number of 118.33 million shares as compared to 3 months average volume of 26.18 million shares.

The stock price demonstrated downbeat change from its 50 day moving average of 5.03 and had been up from its 200 Day Moving Average of 3.37.

The average true range of Advanced Micro Devices, Inc.’s (AMD) is recorded at 0.36 and the relative strength index of the stock stands 76.53. The stock price is going above to its 52 week low with 316.15% and lagging above from its 52 week high with 12.23%. Analyst recommendation for this stock stands at 3.00. A look on the firm performance, its monthly performance is 28.60% and a quarterly performance of 94.20%. The stock price is trading upbeat from its 200 days moving average with 122.77% and up from 50 days moving average with 42.86%.

Brokerage Recommendations:

According to ZACKS data, different Brokerage Firms rated the stock about their BUY, SELL or HOLD recommendations. 2 Months Ago, shares have been suggested as “BUY” from “12” brokerage firms and recommended as “Strong Buy” by “1” brokerage firms. 3” brokerage firms have issued “Sell” rating for the company and “Strong Sell” rating was issued by “2.79” brokerage firms. “1” brokerage firms have rated the company as a “Hold”. The Corporation has average brokerage recommendation (ABR) of 0 based on consensus of the brokerage firms issuing ratings.

Shares of Ericsson (NASDAQ:ERIC) climbed +1.09% and ended at $7.44 greater than previous closing price of $7.36. The total 3.92 million shares were bought and sold throughout the most recent trading session less than average volume of 4.06 million shares.

Telefonaktiebolaget LM Ericsson (publ)’s (ERIC) has price-to-cash ratio of 4.35 and price to sale ratio of 0.89. The company net profit margin is 5.70% and gross profit margin is 34.70%. A look on the firm performance, its monthly performance is -7.46% and a quarterly performance of -8.49%. The stock price is moving down from its 20 days moving average with -0.92% and isolated negatively from 50 days moving average with -2.03%.

Brokerage Recommendations:

According to ZACKS data, different Brokerage Firms rated the stock about their BUY, SELL or HOLD recommendations. 2 Months Ago, shares have been suggested as “BUY” from “7” brokerage firms and recommended as “Strong Buy” by “0” brokerage firms. 2” brokerage firms have issued “Sell” rating for the company and “Strong Sell” rating was issued by “3.2” brokerage firms. “0” brokerage firms have rated the company as a “Hold”. The Corporation has average brokerage recommendation (ABR) of 0 based on consensus of the brokerage firms issuing ratings.

 

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