Shares of Advanced Micro Devices (NYSE:AMD) traded at a new 52-week low today of $4.81. This new low was reached on approximately average trading volume as 29.7 million shares traded hands, while the average 30-day volume is approximately 24.5 million shares.
In the past 52 weeks, Advanced Micro Devices share prices have been bracketed by a current low of $4.81 and a high of $9.58 and are now at $4.83. The 200-day and 50-day moving averages have moved 0.7% lower and 0.83% lower over the past week, respectively.
Advanced Micro Devices, Inc. manufactures semiconductor products. The Company manufactures products that include microprocessors, embedded microprocessors, chipsets, graphics, video and multimedia products. Advanced Micro Devices, Inc. offers its products on a global basis.
Advanced Micro Devices has overhead space with shares priced $4.83, or 43.3% below the average consensus analyst price target of $8.51. Advanced Micro Devices shares should first meet resistance at the 50-day moving average (MA) of $6.60 and find additional resistance at the 200-day MA of $7.78.