A new trading day began on November 20, 2023, with Amazon.com Inc. (NASDAQ: AMZN) stock priced at $145.13, up 0.65% from the previous day of trading. During the day, the shares moved up to $146.63 and dropped to $144.725 before settling in for the closing price of $145.18. AMZN’s price has ranged from $81.43 to $147.29 over the past 52 weeks.
Annual sales at Consumer Cyclical sector company grew by 24.02% over the past five years. Meanwhile, its annual earnings per share averaged 1083.99%. With a float of $9.06 billion, this company’s outstanding shares have now reached $10.24 billion.
Let’s look at the performance matrix of the company that is accounted for 1541000 employees. In terms of profitability, gross margin is +43.81, operating margin of +2.63, and the pretax margin is -1.15.
Amazon.com Inc. (AMZN) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Internet Retail Industry. The insider ownership of Amazon.com Inc. is 12.30%, while institutional ownership is 60.92%. The most recent insider transaction that took place on Nov 17, was worth 176,681. In this transaction Director of this company sold 1,237 shares at a rate of $142.83, taking the stock ownership to the 23,676 shares. Before that another transaction happened on Nov 16, when Company’s CEO Amazon Web Services sold 500 for $140.96, making the entire transaction worth $70,480. This insider now owns 117,404 shares in total.
Amazon.com Inc. (AMZN) Performance Highlights and Predictions
In its latest quarterly report, released on 9/29/2023, the company reported earnings of $0.94 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of -0.53 while generating a return on equity of -1.91. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.62 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1083.99% per share during the next fiscal year.
Amazon.com Inc. (NASDAQ: AMZN) Trading Performance Indicators
Here are Amazon.com Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.73. Likewise, its price to free cash flow for the trailing twelve months is 89.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.92, a number that is poised to hit 0.76 in the next quarter and is forecasted to reach 3.57 in one year’s time.
Technical Analysis of Amazon.com Inc. (AMZN)
Amazon.com Inc. (NASDAQ: AMZN) saw its 5-day average volume 52.37 million, a negative change from its year-to-date volume of 60.27 million. As of the previous 9 days, the stock’s Stochastic %D was 69.32%. Additionally, its Average True Range was 3.53.
During the past 100 days, Amazon.com Inc.’s (AMZN) raw stochastic average was set at 95.99%, which indicates a significant increase from 91.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.97% in the past 14 days, which was lower than the 32.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $133.78, while its 200-day Moving Average is $120.58. Nevertheless, the first resistance level for the watch stands at $146.93 in the near term. At $147.73, the stock is likely to face the second major resistance level. The third major resistance level sits at $148.84. If the price goes on to break the first support level at $145.03, it is likely to go to the next support level at $143.92. Assuming the price breaks the second support level, the third support level stands at $143.12.
Amazon.com Inc. (NASDAQ: AMZN) Key Stats
With a market capitalization of 1510.11 billion, the company has a total of 10,334,031K Shares Outstanding. Currently, annual sales are 513,983 M while annual income is -2,722 M. The company’s previous quarter sales were 143,083 M while its latest quarter income was 9,879 M.