Advanced Micro Devices (NASDAQ:AMD) Will Ship Its Ryzen 5 Desktop Processors On April 11- Ecopetrol S.A. (NYSE:EC)

Advanced Micro Devices, Inc. (NASDAQ:AMD) [Trend Analysis] luring active investment momentum, shares a decrease -0.85% to $13.98. As AMD reveals its Ryzen 5 prices and release date, the company marks an important transition: After launching its eagerly awaited Ryzen 7 chip for high-end PCs, AMD hopes to parlay that goodwill into mainstream success.

AMD said it will ship its Ryzen 5 desktop processors on April 11, the same day it will begin accepting its first orders for the chip. All of the four new Ryzen 5 chips will be priced at less than $250, the same price range that Intel currently offers for its own Core i5 chips at. However, the number of cores and threads that the Ryzen 5 offers pushes into Intel’s Core i7 territory, potentially offering much more value for the price. The total volume of 55 Million shares held in the session was surprisingly higher than its average volume of 64002.16 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 29.40%, and looking further price to next year’s EPS is 295.95%. While take a short look on price to sales ratio, that was 3.07.

Shares of Ecopetrol S.A. (NYSE:EC) [Trend Analysis] runs in leading trade, it surging 4.30% to traded at $8.97. The firm has price volatility of 2.35% for a week and 2.00% for a month. Its beta stands at 1.00 times. Ecopetrol S.A. (NYSE:EC) reported that on March 14, 2017, rating agency Fitch Ratings improved the outlook for the company’s rating from a negative to a stable outlook. At the same time it maintained the local and foreign currency long-term risk rating at BBB.According to the Fitch Ratings report, the improved outlook for the rating of Ecopetrol S.A. incorporates the improvement to stable of the rating of the Republic of Colombia.

This release contains statements that may be considered forward looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. All forward-looking statements, whether made in this release or in future filings or press releases or orally, address matters that involve risks and uncertainties, including in respect of the Company’s prospects for growth and its ongoing access to capital to fund the Company’s business plan, among others.

Consequently, changes in the following factors, among others, could cause actual results to differ materially from those included in the forward-looking statements: market prices of oil & gas, our exploration and production activities, market conditions, applicable regulations, the exchange rate, the Company’s competitiveness and the performance of Colombia’s economy and industry, to mention a few. We do not intend, and do not assume any obligation to update these forward-looking statements. Narrow down four to firm performance, its weekly performance was 4.18% and monthly performance was -6.17%. The stock price of EC is moving down from its 20 days moving average with -0.45% and isolated negatively from 50 days moving average with -3.35%.

 

About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

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