Verizon Communications Inc. (NYSE:VZ) Stock Hit 12 Year High, Advanced Micro Devices, Inc. (NYSE:AMD) Reported Revenue of $1.09 billion

Stocks of the DayVerizon Communications Inc. (NYSE:VZ)’s stock yesterday hit 12 year high ahead of its better than expected earnings report. Company reported increase in its First-quarter revenue with 4% to $29.4 billion, just short of the average analyst estimate of $29.5 billion.

According to analysts polled by FactSet, they anticipated average expected earnings of 66 cents per share for VZ for the latest quarter. The service revenues at Verizon Wireless surged 8.6 percent to $16.7 billion that account for more than half of Verizon’s total revenue.

If compared its quarterly earnings with its closest rival AT&T Inc. (NYSE:T), then wireless service revenue has been surging just over 4 percent per year.

Coming to the stock performance; Verizon Communications Inc. (NYSE:VZ) in last trading session end up at $50.91 by rising 2.77% with the average volume of 13.90 million shares.

The stock price saw week’s volatility of 1.51% and month’s volatility is 1.25%, while the stock price of the company is moving up from its 20 days moving average with 3.45% and isolated positively from 50 days moving average with 7.99%.

Looking at Analytic Ratios; the price to sales ratio of VZ in past twelve months was calculated as 1.27 and price to cash ratio as 41.44. Company return on equity ratio is recorded as 2.53% and its return on assets is 4.63%, and return on investment is 7.14%.

On Thursday, Advanced Micro Devices reported revenue of $1.09 billion, down from last year’s quarter $1.59 billion. Company declared that its June quarter revenue would expect to rise 2 percent, plus or minus 3 percent, as compared to March quarter.

Advanced Micro Devices, Inc. (NYSE:AMD), AMD is also trying to refocus its business as sales of laptops languish and consumers increasingly depend on smartphones and tablets, like its larger rival Intel Corporation and others in the industry.

According to Thomson Reuters, analysts expected that AMD’s first-quarter revenue of $1.046 billion and June-quarter revenue of $1.071 billion.

Coming to the stock performance; Advanced Micro Devices, Inc. (NYSE:AMD) in last trading session end up at $2.51 by rising 4.58% with the average volume of 14.47 million shares.

The stock price saw week’s volatility of 4.43% and month’s volatility is 4.53%, while the stock price of the company is moving up from its 20 days moving average with 0.56% and isolated negatively from 50 days moving average with -1.81%.

Looking at Analytic Ratios; the price to sales ratio of AMD in past twelve months was calculated as 0.33 and price to cash ratio as 1.79. Company return on equity ratio is recorded as -111.18% and its return on assets is -26.42%, and return on investment is -40.91%.

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