Amazon.com Inc. (NASDAQ:AMZN) went up by 0.91% from its latest closing price compared to the recent 1-year high of $188.11. The company’s stock price has collected -8.64% of loss in the last five trading sessions. The Wall Street Journal reported on 09/15/22 that Apple, Amazon Passed on LIV Golf Media Rights
Is It Worth Investing in Amazon.com Inc. (NASDAQ :AMZN) Right Now?
Amazon.com Inc. (NASDAQ:AMZN) scored a price-to-earnings ratio above its average ratio, recording 112.10 x from its present earnings ratio. Plus, the 36-month beta value for AMZN is at 1.34. Opinions of the stock are interesting as 41 analysts out of 52 who provided ratings for Amazon.com Inc. declared the stock was a “buy,” while 7 rated the stock as “overweight,” 3 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $168.75, which is $46.52 above the current price. AMZN currently public float of 9.18B and currently shorts hold a 0.78% ratio of that float. Today, the average trading volume of AMZN was 60.55M shares.
AMZN’s Market Performance
AMZN stocks went down by -8.64% for the week, with a monthly drop of -12.40% and a quarterly performance of 17.36%, while its annual performance rate touched -27.99%. The volatility ratio for the week stands at 2.99% while the volatility levels for the past 30 days are set at 2.96% for Amazon.com Inc. The simple moving average for the period of the last 20 days is -4.40% for AMZN stocks with a simple moving average of -11.00% for the last 200 days.
Analysts’ Opinion of AMZN
Many brokerage firms have already submitted their reports for AMZN stocks, with Itau BBA repeating the rating for AMZN by listing it as a “Outperform.” The predicted price for AMZN in the upcoming period, according to Itau BBA is $146 based on the research report published on July 26th of the current year 2022.
Cowen, on the other hand, stated in their research note that they expect to see AMZN reach a price target of $210, previously predicting the price at $215. The rating they have provided for AMZN stocks is “Outperform” according to the report published on July 14th, 2022.
Telsey Advisory Group gave a rating of “Outperform” to AMZN, setting the target price at $145 in the report published on July 13th of the current year.
AMZN Trading at -3.57% from the 50-Day Moving Average
After a stumble in the market that brought AMZN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.73% of loss for the given period.
Volatility was left at 2.96%, however, over the last 30 days, the volatility rate increased by 2.99%, as shares sank -9.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.89% upper at present.
During the last 5 trading sessions, AMZN fell by -8.64%, which changed the moving average for the period of 200-days by -27.60% in comparison to the 20-day moving average, which settled at $129.71. In addition, Amazon.com Inc. saw -25.23% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at AMZN starting from Selipsky Adam, who sale 500 shares at the price of $128.47 back on Sep 15. After this action, Selipsky Adam now owns 115,180 shares of Amazon.com Inc., valued at $64,236 using the latest closing price.
Selipsky Adam, the CEO Amazon Web Services of Amazon.com Inc., sale 520 shares at $127.43 during a trade that took place back on Sep 14, which means that Selipsky Adam is holding 115,680 shares at $66,263 based on the most recent closing price.
Stock Fundamentals for AMZN
Current profitability levels for the company are sitting at:
- +5.31 for the present operating margin
- +42.03 for the gross margin
The net margin for Amazon.com Inc. stands at +7.10. Equity return is now at value 8.90, with 2.80 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.14.