Advanced Micro Devices (NASDAQ:AMD) Slated To Host Its “New Horizon” Event; Active Inverstor Looks More Consious

Several matter pinch shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) [Trend Analysis], as shares moving up 8.87% to $9.45 with a share volume of 92.06 Million. AMD is slated to host its “New Horizon” event next week on December 13 to showcase live demos of its “Zen” processor architecture and the first “Summit Ridge” desktop CPUs to use it. The company is also expected to reveal several other products at the public event including motherboards that will support the Summit Ridge chips, and the Radeon RX 490 and Pro 490 graphics cards.

These cards are believed to rely on dual graphics chips based on AMD’s current “Polaris” design that are mounted on a single card, or a single chip based on the company’s next-generation “Vega” architecture. Right now, there are a lot of fingers pointing to Vega as the architecture that’s used in the two 490 cards. The RX 490 will be the consumer-focused version, which may have conveniently showed up in an Ashes of the Singularity benchmark. Or at least, there’s an assumption that a hardware Device ID listed in the benchmark, aka 687F:C18, is AMD’s potential GeForce GTX 1080 killer for high-end PC gaming. The stock is going forward its 52-week low with 440% and moving down from its 52-week high price with 2.38%. To have technical analysis views, liquidity ratio of a company was calculated 1.90 as evaluated with its debt to equity ratio of 4.24. The float short ratio was 9.96%, as compared to sentiment indicator; Short Ratio was 1.95.

FalconStor Software, Inc. (NASDAQ:FALC) [Trend Analysis] luring active investment momentum, shares a decrease -3.83% to $0.50. FalconStor Software Inc. (NASDAQ:FALC) released that Barry Rudolph has joined the company’s board of directors, effective December 1, 2016.

Industry veteran Rudolph brings extensive technology industry experience, having previously served as vice president of a number of key business units at IBM, including networking and storage, during a successful 32-year career within the business. He is currently CEO and Director of VelociData, and an independent director of Spectra Logic. Rudolph previously served as an independent director for Dot Hill Systems until its sale to Seagate Technology.

“I am delighted that Barry has agreed to join our Board,” explained Gary Quinn, CEO of FalconStor. “His tremendous knowledge and experience within our market will help to deliver further shareholder value, as well as build on the expanding market opportunity for FreeStor®, the industry’s first truly horizontal converged data services platform.” The total volume of 56847 shares held in the session was surprisingly higher than its average volume of 72.63 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 56.30%. While take a short look on price to sales ratio, that was 0.70.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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