AMD Trading Volume Drops 21.5% Ranking 13th in Daily Turnover
1min read On March 27, 2025, advanced micro devices (AMD) saw a significant decline in trading volume, with a total of 34.85 billion shares traded, marking a 21.5% decrease from the previous day. This placed amd as the 13th most traded stock for the day.
AMD's products are recognized for their superior performance in specific use cases, particularly in large data centers and laptop applications. This performance advantage positions AMD favorably in the semiconductor market, where it competes with other leading stocks.
Despite its strong performance in certain areas, AMD's valuation metrics are notably high. The company is currently trading at a price-earnings ratio of 111, which is considered extremely expensive. Additionally, its price-to-earnings-growth ratio further highlights the premium at which the stock is trading.
Ask Aime: Why is AMD's trading volume down sharply?
Analysts have mixed opinions on AMD's stock. Some view it as a strong long-term buy, citing its undervaluation, diverse growth in AI, and potential amidst trade tensions. However, recent downgrades from 'Buy' to 'Hold' by Jefferies have raised concerns, leading to a drop in the stock price.
KeyCorp has also adjusted its target price for AMD, lowering it from $150.00 to $140.00 while maintaining an "overweight" rating for the company. This adjustment reflects the current market sentiment and the challenges AMD faces in maintaining its high valuation.
