Intel Corporation (NASDAQ:INTC) Cementing in CES 2017 Its Role As A Leader In Automated Driving And 5g And Virtual Reality Technologies

Intel Corporation (NASDAQ:INTC) [Trend Analysis] luring active investment momentum, shares a gain 0.47% to $36.58. Before CES 2017 began, Intel kicked off the event with announcements cementing its role as a leader in automated driving and 5G technologies and as a home for innovation in virtual reality, or the more advanced merged reality. Intel’s leaders displayed the company’s commitment, reported at last year’s CES to expanding the boundaries of technology to make amazing experiences possible.

“The pace of technology improvement is accelerating faster than ever,” said Intel CEO Brian Krzanich at an immersive VR news conference he hosted Wednesday afternoon. “Moore’s Law is at the center of this acceleration. Technology is extending far beyond consumer electronics, defining almost every aspect of our lives, and transforming industries.”

During the news conference, and in an editorial, he also articulated the company’s vision for the future of VR and merged reality technology and how these technologies will reinvent the experiences of travel, work safety and productivity, and sports and gaming. The total volume of 2.33 Million shares held in the session was surprisingly higher than its average volume of 20538.04 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 0.80%, and looking further price to next year’s EPS is 5.36%. While take a short look on price to sales ratio, that was 3.01 and price to earning ratio of 17.12 attracting passive investors.

Several matter pinch shares of Fluor Corporation (NYSE:FLR) [Trend Analysis], as shares surging 0.15% to $53.91 with a share volume of 86211. Fluor Corporation (FLR) reported that it was awarded a contract by EmpresaNacional del Petróleo (ENAP) for the engineering, procurement and construction of a new process unit at its Biobío refinery in Chile. Fluor booked the undisclosed contract value in the fourth quarter of 2016.

Fluor will perform the engineering, procurement and construction services to install a new flue gas steam generator, a wet gas scrubber and purge treatment unit to treat residual gas generated in the refinery’s fluid catalytic cracker that will reduce air emissions. Fluor is also responsible for interconnections between the new and existing unit, which will occur during a schedule-driven 2017 turnaround. The stock is going forward its 52-week low with 38.82% and moving down from its 52-week high price with -6.70%. To have technical analysis views, liquidity ratio of a company was calculated 1.50 as evaluated with its debt to equity ratio of 0.54. The float short ratio was 4.45%, as compared to sentiment indicator; Short Ratio was 3.48.

 

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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