The stock of Amazon.com Inc. (AMZN) has seen a -6.18% decrease in the past week, with a -1.98% drop in the past month, and a 12.42% flourish in the past quarter. The volatility ratio for the week is 2.49%, and the volatility levels for the past 30 days are at 1.96% for AMZN. The simple moving average for the past 20 days is -4.15% for AMZN’s stock, with a 16.83% simple moving average for the past 200 days.
Is It Worth Investing in Amazon.com Inc. (NASDAQ: AMZN) Right Now?
The price-to-earnings ratio for Amazon.com Inc. (NASDAQ: AMZN) is 60.43x, which is above its average ratio. Moreover, the 36-month beta value for AMZN is 1.14. Analysts have varying opinions on the stock, with 28 analysts rating it as a “buy,” 15 as “overweight,” 3 as “hold,” and 1 as “sell.”
The public float for AMZN is 9.24B and currently, short sellers hold a 0.76% of that float. On April 22, 2024, AMZN’s average trading volume was 42.46M shares.
AMZN) stock’s latest price update
Amazon.com Inc. (NASDAQ: AMZN)’s stock price has plunge by -2.56relation to previous closing price of 179.22. Nevertheless, the company has seen a -6.18% plunge in its stock price over the last five trading sessions. The Motley Fool reported 2024-04-21 that The two largest companies by market cap in 2030 might be Amazon and Alphabet. Amazon is leading in the cloud with its AWS product and has many other divisions that can help propel growth higher.
Analysts’ Opinion of AMZN
Many brokerage firms have already submitted their reports for AMZN stocks, with Truist repeating the rating for AMZN by listing it as a “Buy.” The predicted price for AMZN in the upcoming period, according to Truist is $216 based on the research report published on April 17, 2024 of the current year 2024.
Maxim Group, on the other hand, stated in their research note that they expect to see AMZN reach a price target of $218. The rating they have provided for AMZN stocks is “Buy” according to the report published on April 17th, 2024.
Wolfe Research gave a rating of “Outperform” to AMZN, setting the target price at $205 in the report published on February 02nd of the current year.
AMZN Trading at -1.39% 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 -7.98% of loss for the given period.
Volatility was left at 1.96%, however, over the last 30 days, the volatility rate increased by 2.49%, as shares sank -1.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.40% upper at present.
During the last 5 trading sessions, AMZN fell by -6.18%, which changed the moving average for the period of 200-days by +33.94% in comparison to the 20-day moving average, which settled at $182.01. In addition, Amazon.com Inc. saw 14.93% 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 Selipsky Adam, who sale 500 shares at the price of $182.53 back on Apr 05 ’24. After this action, Selipsky Adam now owns 131,100 shares of Amazon.com Inc., valued at $91,265 using the latest closing price.
Selipsky Adam, the CEO Amazon Web Services of Amazon.com Inc., sale 500 shares at $184.00 during a trade that took place back on Apr 04 ’24, which means that Selipsky Adam is holding 131,600 shares at $92,000 based on the most recent closing price.
Stock Fundamentals for AMZN
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.47 for the gross margin
The net margin for Amazon.com Inc. stands at 0.05. The total capital return value is set at 0.1. Equity return is now at value 17.49, with 6.14 for asset returns.
Based on Amazon.com Inc. (AMZN), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.55. The debt to equity ratio resting at 0.77. The interest coverage ratio of the stock is 11.58.
Currently, EBITDA for the company is 88.29 billion with net debt to EBITDA at 0.7. When we switch over and look at the enterprise to sales, we see a ratio of 3.27. The receivables turnover for the company is 11.11for trailing twelve months and the total asset turnover is 1.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.05.
Conclusion
To wrap up, the performance of Amazon.com Inc. (AMZN) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
