NEW YORK (
) -- Shares of
) were gapping down Thursday morning with an open price 10.7% lower than Wednesday's closing price. The stock closed at $6.15 Wednesday and opened today's trading at $5.49.
The average volume for Advanced Micro Devices has been 24.8 million shares per day over the past 30 days. Advanced Micro Devices has a market cap of $4.5 billion and is part of the
industry. Shares are down 24.8% year to date as of the close of trading on Wednesday.
Advanced Micro Devices, Inc. operates as a semiconductor company in the United States, Japan, China, and Europe. The company has a P/E ratio of 5.8, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Advanced Micro Devices as a
. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet. You can view the full
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