Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) [Trend Analysis] runs in leading trade, it moving up 2.18% to traded at $7.51.
Fundament/ News Factor in Focus
AMD (NASDAQ:AMD) recently declared that it has entered into a long-term amendment to its Wafer Supply Agreement (WSA) with GLOBALFOUNDRIES Inc. (GF) for the period from Jan. 1, 2016 to Dec. 31, 2020.
President and CEO of AMD, Dr. Lisa Su stated that the five-year amendment further strengthens our strategic manufacturing relationship with GLOBALFOUNDRIES while providing AMD with increased flexibility to build our high-performance product roadmap with additional foundries in the 14nm and 7nm technology nodes. She continued “Our goal is for AMD to have continued access to leading-edge foundry process technologies enabling us to build multiple generations of great products for years to come.”
The firm has price volatility of 3.55% for a week and 4.21% for a month. Its beta stands at 2.42 times. Narrow down four to firm performance, its weekly performance was -2.09% and monthly performance was 16.07%.
Vonage Holdings Corporation (NYSE:VG) runs in leading trade, it are knocking up 0.52% to traded at $5.81. VG attains analyst recommendation of 1.60 on scale of 1-5 with week’s performance of -2.19%.
To find out the technical position of VG, it holds price to book ratio of 2.99 that unearth high-growth companies selling at low-growth prices, but it requires appropriate measurement approach. It has forward price to earnings ratio of 21.20, and price to earnings ratio calculated as 83.00. VG is presenting price to cash flow of 38.88 and free cash flow concluded as 16.32.
EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -19.50%, and looking further price to next year’s EPS is -3.18%. While take a short look on price to sales ratio, that was 1.38 and price to earning ration of 83.00 attracting passive investors.