Stocks Retreat on New Development: Ciber, Inc. (NYSE:CBR), Advanced Micro Devices (NASDAQ:AMD)

Ciber, Inc. (NYSE:CBR) [Trend Analysis] retains strong position in active trade, as shares scoring 2.15% to $0.48 in active trade session, while looking at the shares volume, around 1.27 Million shares have changed hands in this session. Ciber, Inc. (CBR) reported that contract to sell its Infor Practice to Infor, a leading provider of beautiful business applications specialized by industry and built for the cloud.Ciber has been an Infor Alliance Partner since 2012 and has been selected as an Infor Alliance Partner of the Year multiple times.

Ciber’sInfor Practice offers implementation, integration and upgrade services related to Infor software to consumers in North America and Europe. Employees from Ciber’sInfor Practice will transition to Infor when the transaction closes. “The sale of our Infor Practice reflects a fundamental decision to hone our business to a focused IT staffing foundation with complementary integrated Business Consulting and Application Development Management capabilities in a synergistic Digital Transformation offering,” said Ciber President and Chief Executive Officer Michael Boustridge. “We are working to provide a seamless transition and great continuity and service to our affected consumers and our employees.” The firm has institutional ownership of 65.30%, while insider ownership included 9.30%. CBR attains analyst recommendation of 2.00 with week’s performance of -17.22%. Investors looking further ahead will note that the Price to next year’s EPS is 58.40%.

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) [Trend Analysis] swings enthusiastically in regular trading session, it an advance of 6.75% to close at $14.40. Although all attention is now seemingly focused on the upcoming Radeon RX Vega cards, given that AMD officially brought its Ryzen desktop processors to the market, there is still talk that the company will release a new Radeon RX 500 Series of graphics cards in the middle of April.

These will declaredly be based on AMD’s older but improved Polaris graphics chip architecture (2016) and not the latest Vega design (2017). The big deal with the updated Polaris design is that it will be based on a different chip manufacturing process called low power plus (LPP). The Polaris-based Radeon RX 400 Series cards on the market are based on 14nm low power early FinFET-based processing technology, which was an early version providing “area and power benefits.” The LPP version, also based on FinFET transistors, is an enhanced chip manufacturing technique providing more performance for less power. Moving forward to saw long-term intention, the experts calculate Return on Investment of -25.90%. The stock is going forward its fifty-two week low with 453.85% and lagging behind from its 52-week high price with -7.40%. AMD last month stock price volatility remained 4.63%.

 

About Aaron Smithies

Aaron Smithies has a wide look on current monetary and financial events. He is an editor and a writer. His views; At Streetwise Report, we think the best opportunities arise from a complete understanding of all investing disciplines in order to identify the most attractive stocks at any given time. Interests: Biotech, Finical markets, Dividend stock ideas & income, Energy stocks, Consumer goods stocks

Leave a Reply

Your email address will not be published. Required fields are marked *