Advanced Micro Devices, Inc. (NASDAQ:AMD) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with remains unchanged to $7.40. AMD (NASDAQ:AMD) reported that it has entered into a long-term amendment to its Wafer Supply Contract (WSA) with GLOBALFOUNDRIES Inc. (GF) for the period from Jan. 1, 2016 to Dec. 31, 2020. “The five-year amendment additional strengthens our strategic manufacturing relationship with GLOBALFOUNDRIES while providing AMD with surged flexibility to build our high-performance product roadmap with additional foundries in the 14nm and 7nm technology nodes,” stated Dr. Lisa Su, AMD president and CEO.
“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.” GLOBALFOUNDRIES’ Fab 8 in Malta, N.Y. is playing a important role in providing leading-edge capacity for AMD’s graphics and processor products, comprising the recently released AMD Radeon™ Polaris GPUs and upcoming “Zen”-based processors. The share price of AMD attracts active investors, as stock price of week volatility recorded 3.58%. The stock is going forward to its 52-week low with 348.18% and lagging behind from its 52-week high price with -7.56%.
Sino-Global Shipping America, Ltd. (NASDAQ:SINO) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -0.84% to close at $1.61 with the total traded volume of 157954 shares. Sino-Global Shipping America, Ltd. (SINO) released that its BOD has authorized management to move forward with the development of a mobile application that will provide a full-service logistics platform among the US and China to short-haul trucking in the US.
The decision follows an extensive review by the Firm’s management team and Board in identifying Sino-Global’s key competitive advantages as an expert in global logistics among the US and China, and then leveraging that experience to both address the needs of its consumer base and provide solutions to current issues affecting logistics and supply chain. The Firm completed a market analysis and feasibility study related to building a mobile based logistics application for short-haul trucking in US ports to better manage the over 25 million containers, or TEU moving among China and US each year. The firm has institutional ownership of 0.40%, while insider ownership included 57.70%. Its price to sales ratio ended at 1.91.
Ciena Corporation (NYSE:CIEN) [Trend Analysis] increased reacts as active mover, shares raise 6.81% to traded at $22.91 and the percentage gap among open changing to regular change was 3.73%. The firm’s current ratio calculated as 3.30 for the most recent quarter. The firm past twelve months price to sales ratio was 1.19 and price to cash ratio remained 2.67. As far as the returns are concern, the return on equity was recorded as 2.30% and return on investment was 4.70% while its return on asset stayed at 0.50%. The firm has total debt to equity ratio measured as 2.26.