The stock of Amazon.com Inc. (AMZN) has gone up by 7.80% for the week, with a -0.25% drop in the past month and a 7.52% rise in the past quarter. The volatility ratio for the week is 4.23%, and the volatility levels for the past 30 days are 2.87% for AMZN. The simple moving average for the last 20 days is 5.17% for AMZN stock, with a simple moving average of -8.40% for the last 200 days.
Is It Worth Investing in Amazon.com Inc. (NASDAQ: AMZN) Right Now?
while the 36-month beta value is 1.25.Analysts have differing opinions on the stock, with 40 analysts rating it as a “buy,” 8 as “overweight,” 4 as “hold,” and 1 as “sell.”
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The average price point forecasted by analysts for Amazon.com Inc. (AMZN) is $132.80, which is $34.19 above the current market price. The public float for AMZN is 9.25B, and currently, short sellers hold a 0.64% ratio of that floaft. The average trading volume of AMZN on March 16, 2023 was 71.05M shares.
AMZN) stock’s latest price update
Amazon.com Inc. (NASDAQ: AMZN)’s stock price has increased by 3.38 compared to its previous closing price of 96.20. However, the company has seen a gain of 7.80% in its stock price over the last five trading days. The Wall Street Journal reported on 03/13/23 that Amazon, Rivian in Talks to End Delivery-Van Exclusivity
Analysts’ Opinion of AMZN
The stock of Amazon.com Inc. (AMZN) has gone up by 7.80% for the week, with a -0.25% drop in the past month and a 7.52% rise in the past quarter. The volatility ratio for the week is 4.23%, and the volatility levels for the past 30 days are 2.87% for AMZN. The simple moving average for the last 20 days is 5.17% for AMZN stock, with a simple moving average of -8.40% for the last 200 days.
Analysts’ Opinion of AMZN
Many brokerage firms have already submitted their reports for AMZN stocks, with Credit Suisse repeating the rating for AMZN by listing it as a “Outperform.” The predicted price for AMZN in the upcoming period, according to Credit Suisse is $171 based on the research report published on January 30th of the current year 2023.
Barclays, on the other hand, stated in their research note that they expect to see AMZN reach a price target of $130, previously predicting the price at $140. The rating they have provided for AMZN stocks is “Overweight” according to the report published on January 30th, 2023.
UBS gave a rating of “Buy” to AMZN, setting the target price at $118 in the report published on January 25th of the current year.
AMZN Trading at 3.67% 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 -41.79% of loss for the given period.
Volatility was left at 2.87%, however, over the last 30 days, the volatility rate increased by 4.23%, as shares sank -3.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.18% upper at present.
During the last 5 trading sessions, AMZN rose by +6.22%, which changed the moving average for the period of 200-days by -14.90% in comparison to the 20-day moving average, which settled at $94.40. In addition, Amazon.com Inc. saw 18.39% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AMZN starting from Herrington Douglas J, who sale 4,000 shares at the price of $93.80 back on Mar 01. After this action, Herrington Douglas J now owns 560,298 shares of Amazon.com Inc., valued at $375,200 using the latest closing price.
Olsavsky Brian T, the Senior Vice President and CFO of Amazon.com Inc., sale 16,760 shares at $95.25 during a trade that took place back on Feb 21, which means that Olsavsky Brian T is holding 49,000 shares at $1,596,390 based on the most recent closing price.
Stock Fundamentals for AMZN
Current profitability levels for the company are sitting at:
- +2.63 for the present operating margin
- +43.81 for the gross margin
The net margin for Amazon.com Inc. stands at -0.53. Equity return is now at value -2.00, with -0.60 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.94.
Conclusion
In a nutshell, Amazon.com Inc. (AMZN) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
