American Well Corporation (AMWL) concluded trading on Thursday at a closing price of $1.31, with 3.96 million shares of worth about $5.19 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.68% during that period and on Thursday the price saw a gain of about 18.02%. Currently the company’s common shares owned by public are about 255.54M shares, out of which, 228.47M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 65 times over the past 12 months. They bought 4,857,639 shares in 14 of the transactions. In 51 selling transactions, insiders dumped 2,423,509 shares.
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Stock saw a price change of 21.30% in past 5 days and over the past one month there was a price change of 23.58%. Year-to-date (YTD), AMWL shares are showing a performance of -12.08% which decreased to -64.78% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.93 but also hit the highest price of $3.92 during that period. The average intraday trading volume for American Well Corporation shares is 1.74 million. The stock is currently trading 19.04% above its 20-day simple moving average (SMA20), while that difference is up 7.20% for SMA50 and it goes to -16.78% lower than SMA200.
American Well Corporation (NYSE: AMWL) currently have 255.54M outstanding shares and institutions hold larger chunk of about 47.88% of that.
The stock has a current market capitalization of $376.72M and its 3Y-monthly beta is at 1.04. It has posted earnings per share of -$2.39 in the same period. It has Quick Ratio of 4.70 while making debt-to-equity ratio of 0.03. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AMWL, volatility over the week remained 9.34% while standing at 7.61% over the month.
Analysts are in expectations that American Well Corporation (AMWL) stock would likely to be making an EPS of $Amplitude, Inc. in the current quarter, while forecast for next quarter EPS is $14.26 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $American Woodmark Corporation which is $Amalgamated Financial Corp. at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $AMERICAN FILMS INC in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 68.49% while it is estimated to increase by 28.89% in next year. EPS is likely to grow at an annualized rate of 2.80% for next 5-years, compared to annual growth of -59.64% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on August 03, 2023 offering an Equal-weight rating for the stock and assigned a target price range of between $5 and $2.50 to it.
