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See what the IHS Markit Score report has to say about Advanced Micro Devices Inc.

IHS Markit

Advanced Micro Devices Inc

NASDAQ:AMD

Score: Neutral (54)

3 days at current score.

Downgraded from Positive on September 18th 2017

View full report here!

Summary


  • This company ranked neutral compared to the Technology sector with only 2 positive IHS Markit Categories
  • Perception of the company's creditworthiness is positive
  • Bearish sentiment is moderate and declining
  • Economic output in this company's sector is expanding


Bearish sentiment

Short interest | Neutral

Short interest is moderately high for AMD with between 10 and 15% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on September 18.

Money flow

ETF/Index ownership | Neutral

ETF activity is neutral. ETFs that hold AMD had net inflows of $7.10 billion over the last one-month.

Economic sentiment

PMI by IHS Markit | Positive

According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is strong relative to the trend shown over the past year.

Credit worthiness

Credit default swap | Positive

The current level displays a positive indicator. AMD credit default swap spreads are decreasing and near the lowest level of the last three years, which indicates improvement in the market's perception of the company's credit worthiness.

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