American Well Corporation (NYSE:AMWL) went down by -3.96% from its latest closing price compared to the recent 1-year high of $41.80. The company’s stock price has collected -1.71% of loss in the last five trading sessions. Press Release reported on 01/12/21 that Amwell Announces Launch of Proposed Public Offering
Is It Worth Investing in American Well Corporation (NYSE :AMWL) Right Now?
Opinions of the stock are interesting as 4 analysts out of 9 who provided ratings for American Well Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 5 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $35.29, which is $10.75 above the current price. AMWL currently public float of 129.61M and currently shorts hold a 14.41% ratio of that float. Today, the average trading volume of AMWL was 3.08M shares.
AMWL’s Market Performance
AMWL stocks went down by -1.71% for the week, with a monthly drop of -20.17% and a quarterly performance of -27.46%. The volatility ratio for the week stands at 3.55% while the volatility levels for the past 30 days are set at 6.21% for American Well Corporation. The simple moving average for the period of the last 20 days is -8.46% for AMWL stocks with a simple moving average of -11.09% for the last 200 days.
Analysts’ Opinion of AMWL
Stifel, on the other hand, stated in their research note that they expect to see AMWL reach a price target of $29. The rating they have provided for AMWL stocks is “Hold” according to the report published on December 18th, 2020.
Morgan Stanley gave a rating of “Overweight” to AMWL, setting the target price at $26 in the report published on November 18th of the previous year.
AMWL Trading at -6.34% from the 50-Day Moving Average
After a stumble in the market that brought AMWL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.59% of loss for the given period.
Volatility was left at 6.21%, however, over the last 30 days, the volatility rate increased by 3.55%, as shares sank -23.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.17% lower at present.
During the last 5 trading sessions, AMWL fell by -1.71%, in comparison to the 20-day moving average, which settled at $27.19. In addition, American Well Corporation saw -0.32% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for AMWL
Current profitability levels for the company are sitting at:
- -62.62 for the present operating margin
- +41.06 for the gross margin
The net margin for American Well Corporation stands at -58.57. The total capital return value is set at -24.54, while invested capital returns managed to touch -24.92.
Based on American Well Corporation (AMWL), the company’s capital structure generated 3.84 points at debt to equity in total, while total debt to capital is 3.70.
The receivables turnover for the company is 4.69 and the total asset turnover is 0.30. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.08.