Amazon.com Inc. [AMZN] Is Currently -1.05 below its 200 Period Moving Avg: What Does This Mean?

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Amazon.com Inc. [NASDAQ: AMZN] traded at a low on 07/25/22, posting a -1.05 loss after which it closed the day’ session at $121.14. The company report on July 21, 2022 that Amazon’s Custom Electric Delivery Vehicles from Rivian Start Rolling Out Across the U.S.


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Customers will see electric delivery vehicles on the road in more than a dozen cities including Baltimore, Chicago, Dallas, Nashville, San Diego, and Seattle.

The state-of-the-art vehicles are part of Amazon’s commitment to create a more sustainable delivery fleet that will help it reach net-zero carbon across its operations by 2040 as part of The Climate Pledge.

The results of the trading session contributed to over 48978264 shares changing hands. Over the past one week, the price volatility of Amazon.com Inc. stands at 3.61% while the volatility over the past one month is 4.16%.

The market cap for AMZN stock reached $1254.78 billion, with 10.18 billion shares outstanding and 457.72 million shares in the current float. Compared to the average trading volume of 89.60M shares, AMZN reached a trading volume of 48978264 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Amazon.com Inc. [AMZN]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AMZN shares is $170.43 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AMZN stock is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Cowen have made an estimate for Amazon.com Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on July 14, 2022. While these analysts kept the previous recommendation, Telsey Advisory Group dropped their target price from $170 to $145. The new note on the price target was released on July 13, 2022, representing the official price target for Amazon.com Inc. stock. Previously, the target price had yet another raise to $270, while Redburn analysts kept a Buy rating on AMZN stock. On June 01, 2022, analysts decreased their price target for AMZN shares from 3600 to 3450.

The Average True Range (ATR) for Amazon.com Inc. is set at 4.77, with the Price to Sales ratio for AMZN stock in the period of the last 12 months amounting to 2.63. The Price to Book ratio for the last quarter was 9.21, with the Price to Cash per share for the same quarter was set at 6.41.

How has AMZN stock performed recently?

Amazon.com Inc. [AMZN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.49. With this latest performance, AMZN shares gained by 7.74% in over the last four-week period, additionally sinking by -15.07% over the last 6 months – not to mention a drop of -33.74% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AMZN stock in for the last two-week period is set at 58.36, with the RSI for the last a single of trading hit 62.29, and the three-weeks RSI is set at 54.65 for Amazon.com Inc. [AMZN]. The present Moving Average for the last 50 days of trading for this stock 113.02, while it was recorded at 121.83 for the last single week of trading, and 147.46 for the last 200 days.

Amazon.com Inc. [AMZN]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Amazon.com Inc. [AMZN] shares currently have an operating margin of +5.31 and a Gross Margin at +42.03. Amazon.com Inc.’s Net Margin is presently recorded at +7.10.

Return on Equity for this stock inclined to 28.81, with Return on Assets sitting at 9.00.

Amazon.com Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 1.00.

Earnings analysis for Amazon.com Inc. [AMZN]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AMZN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Amazon.com Inc. go to 33.25%.

Insider trade positions for Amazon.com Inc. [AMZN]

There are presently around $731,398 million, or 60.70% of AMZN stock, in the hands of institutional investors. The top three institutional holders of AMZN stocks are: VANGUARD GROUP INC with ownership of 679,309,960, which is approximately 1.627% of the company’s market cap and around 9.80% of the total institutional ownership; BLACKROCK INC., holding 582,877,640 shares of the stock with an approximate value of $70.61 billion in AMZN stocks shares; and STATE STREET CORP, currently with $40.2 billion in AMZN stock with ownership of nearly -2.518% of the company’s market capitalization.

Positions in Amazon.com Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 2,347 institutional holders increased their position in Amazon.com Inc. [NASDAQ:AMZN] by around 255,269,345 shares. Additionally, 1,621 investors decreased positions by around 362,515,321 shares, while 331 investors held positions by with 5,419,838,258 shares. The mentioned changes placed institutional holdings at 6,037,622,924 shares, according to the latest SEC report filing. AMZN stock had 169 new institutional investments in for a total of 25,584,725 shares, while 199 institutional investors sold positions of 20,189,520 shares during the same period.

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