Home / Street Sector / Concerns Wondering on New Rating: Advanced Micro Devices (AMD), Cliffs Natural Resources (CLF), Helmerich & Payne (HP)

Concerns Wondering on New Rating: Advanced Micro Devices (AMD), Cliffs Natural Resources (CLF), Helmerich & Payne (HP)

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) [Trend Analysis] runs in leading trade, it moving down -1.47% to traded at $6.68. The firm has price volatility of 2.99% for a week and 5.06% for a month. Its beta stands at 2.44 times. AMD Stock Could Explode If Vega GPUs Arrive In 2016.AMD’s Vega line-up could be released two quarters sooner than expected; the management is already prepping the venue for a launch. Advancing the launch could benefit AMD in terms of both financial and market share gains. But AMD will have to make sure it doesn’t skimp testing and sampling of its cards in a bid to rush the launch. Narrow down four to firm performance, its weekly performance was 2.93% and monthly performance was 23.48%. The stock price of AMD is moving up from its 20 days moving average with 2.95% and isolated positively from 50 days moving average with 20.04%.

Cliffs Natural Resources Inc. (NYSE:CLF) [Trend Analysis] luring active investment momentum, shares a loss -1.10% to $6.28. Cliffs Natural Resources Inc. (CLF) released that it will redeem the entirety of its outstanding Senior Notes due January 2018. The aggregate principal amount outstanding of the Notes is approximately $284 million. Pursuant to the terms of the Notes and the Indenture governing the Notes, the Company expects total payment to holders of the Notes to be approximately $301 million in aggregate, plus accrued and unpaid interest.

Lourenco Goncalves, Cliffs’ Chairman, President and Chief Executive Officer, said, “The successful completion of the equity offering this week has allowed us to move forward with the retirement of the 2018 Notes. This action further confirms our commitment to our top priorities in capital allocation: paying down debt and reducing interest expense.” Mr. Goncalves added, “We now have nearly four years until our next maturity comes due. With this step, we have marked yet another milestone in the successful turnaround of Cliffs.” The total volume of 11.8 Million shares held in the session was surprisingly higher than its average volume of 13484.36 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -90.50%, and looking further price to next year’s EPS is -64.03%. While take a short look on price to sales ratio, that was 0.64 and price to earning ratio of 9.95 attracting passive investors.

Several matter pinch shares of Helmerich & Payne, Inc. (NYSE:HP) [Trend Analysis], as shares moving down -0.92% to $62.37 with a share volume of 1.18 Million. HP at Gamescom in Cologne has announced its cube-shaped Omen X Desktop and its new product has the potential of putting hard-core gamers into a serious dilemma. High-end gamers are known to prefer customisation tweaks and therefore steer clear of big brands which offer little to no freedom in terms of hardware customisations. However, HP’s Omen X Desktop might put this very complaint to rest.

The HP Omen X Desktop comes in a cube-shaped design that not only carries the aesthetics that are clearly aimed at gaming enthusiasts but also has a purpose associated with it. The design allows separate chambers for GPU, power unit, hard drives, and therefore makes it easier to upgrade the components with ease. The tower also carries four swappable hard drive trays. The stock is going forward its 52-week low with 61.75% and moving down from its 52-week high price with -10.26%. To have technical analysis views, liquidity ratio of a company was calculated 4.70 as evaluated with its debt to equity ratio of 0.11. The float short ratio was 23.51%, as compared to sentiment indicator; Short Ratio was 14.51.


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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