The stock of Amazon.com Inc. (AMZN) has seen a -1.12% decrease in the past week, with a 10.92% gain in the past month, and a -1.97% decrease in the past quarter. The volatility ratio for the week is 2.14%, and the volatility levels for the past 30 days are at 2.32% for AMZN. The simple moving average for the past 20 days is 3.14% for AMZN’s stock, with a 7.71% simple moving average for the past 200 days.
Is It Worth Investing in Amazon.com Inc. (NASDAQ: AMZN) Right Now?
Amazon.com Inc. (NASDAQ: AMZN) has a price-to-earnings ratio of 45.39x that is above its average ratio. Additionally, the 36-month beta value for AMZN is 1.15. There are mixed opinions on the stock, with 28 analysts rating it as a “buy,” 15 rating it as “overweight,” 3 rating it as “hold,” and 1 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for AMZN is 9.36B and currently, short sellers hold a 0.90% ratio of that float. The average trading volume of AMZN on September 27, 2024 was 41.84M shares.
AMZN) stock’s latest price update
Amazon.com Inc. (NASDAQ: AMZN) has experienced a decline in its stock price by -0.89 compared to its previous closing price of 191.16. However, the company has seen a fall of -1.12% in its stock price over the last five trading days. techcrunch.com reported 2024-09-27 that The U.K.s’ antitrust authority has concluded that Amazon’s partnership and equity investment in AI startup Anthropic can’t be investigated under current merger rules due to the size and scope of the deal.
Analysts’ Opinion of AMZN
Many brokerage firms have already submitted their reports for AMZN stocks, with Cantor Fitzgerald repeating the rating for AMZN by listing it as a “Overweight.” The predicted price for AMZN in the upcoming period, according to Cantor Fitzgerald is $230 based on the research report published on September 05, 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 $251, previously predicting the price at $238. The rating they have provided for AMZN stocks is “Buy” according to the report published on August 02nd, 2024.
Itau BBA gave a rating of “Market Perform” to AMZN, setting the target price at $186 in the report published on August 02nd of the current year.
AMZN Trading at 5.88% 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 -5.84% of loss for the given period.
Volatility was left at 2.32%, however, over the last 30 days, the volatility rate increased by 2.14%, as shares surge +10.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.45% upper at present.
During the last 5 trading sessions, AMZN fell by -0.79%, which changed the moving average for the period of 200-days by +30.30% in comparison to the 20-day moving average, which settled at $184.58. In addition, Amazon.com Inc. saw 24.69% 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 Zapolsky David, who sale 2,190 shares at the price of $195.00 back on Sep 24 ’24. After this action, Zapolsky David now owns 62,420 shares of Amazon.com Inc., valued at $427,050 using the latest closing price.
Herrington Douglas J, the CEO Worldwide Amazon Stores of Amazon.com Inc., sale 3,500 shares at $177.87 during a trade that took place back on Sep 03 ’24, which means that Herrington Douglas J is holding 517,660 shares at $622,545 based on the most recent closing price.
Stock Fundamentals for AMZN
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.48 for the gross margin
The net margin for Amazon.com Inc. stands at 0.07. The total capital return value is set at 0.14. Equity return is now at value 21.93, with 8.60 for asset returns.
Based on Amazon.com Inc. (AMZN), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at 1.49. The debt to equity ratio resting at 0.31. The interest coverage ratio of the stock is 34.34.
Currently, EBITDA for the company is 85.52 billion with net debt to EBITDA at 0.76. When we switch over and look at the enterprise to sales, we see a ratio of 3.41. The receivables turnover for the company is 12.18for 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 1.10.
Conclusion
In conclusion, Amazon.com Inc. (AMZN) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
