Home / Street Sector / Stocks in Frontline Trades’ Choice: Advanced Micro Devices (NASDAQ:AMD), Centennial Resource Development (CDEV)

Stocks in Frontline Trades’ Choice: Advanced Micro Devices (NASDAQ:AMD), Centennial Resource Development (CDEV)

Several matter pinch shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) [Trend Analysis], as shares surging 0.57% to $8.83 with a share volume of 25.73 Million. Three AMD models, the RX 480, RX 470, and RX460, are affordable graphics cards which bring high-end gaming to the masses. These cards aim to bridge the gap among affordable and high-performance graphics cards. All are based on the Polaris architecture. Let’s discuss them separately.

This medium range graphics card is accessible in two versions: 2 GB and 4 GB and it allows you to play current games at 1080p at medium, high or even ultra quality, depending on the game. Also, it is capable of running DOOM at 1080p with the highest quality setting surpassing 60 FPS. Also, it’s power consumption is really low. The price is $120 for 2GB GDDR5.

The RX 470 is a medium to high range card accessible in two versions, a 4 GB and a 8 GB for users who want to play in 1080p with the highest quality settings with guaranteed smoothness, without breaking the bank. But only the 4GB GDDR5 version, since we were able to find it for 220 dollars, and at that price point it’s value is excellent. The stock is going forward its 52-week low with 404.57% and moving down from its 52-week high price with -4.23%. To have technical analysis views, liquidity ratio of a firm was calculated 1.90 as evaluated with its debt to equity ratio of 4.24. The float short ratio was 9.87%, as compared to sentiment indicator; Short Ratio was 2.03.

Shares of Centennial Resource Development, Inc. (NASDAQ:CDEV) [Trend Analysis] to traded at $16.40. Centennial Resource Development, Inc. (CDEV) stated it has agreed to purchase 100 percent of the leasehold interests and related upstream assets in Reeves County from Silverback Exploration, LLC for an aggregate purchase price of $855 million in cash.

Centennial Resource noted that the acquisition comprises 35,000 net acres directly offsetting existing Centennial acreage in Reeves County and about 3,500 Boe/d of current net production. Pro forma for the transaction, Centennial will be one of the largest operators in the Delaware Basin, with over 77,000 contiguous net acres. On November 21, 2016, an associate of Riverstone Holdings LLC entered into a purchase contract with Silverback to purchase 100 percent of its leasehold interests and related upstream assets in Reeves County.


About Gerard Bergeron

Gerard Bergeron covers Bio-pharmacy or healthcare sector Press Releases news updates. He has extensive three year of experience in content writing as freelance writer. He performs analysis of Healthcare Companies and provides worthy information for investor community. He is an experienced writer with a precise grasp of the English language and a clear, compelling writing style.

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