As on Wednesday, American Well Corporation (NYSE: AMWL) started slowly as it slid -7.74% to $0.66, before settling in for the price of $0.72 at the close. Taking a more long-term approach, AMWL posted a 52-week range of $0.71-$2.73.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 20.31%. Meanwhile, its Annual Earning per share during the time was -59.64%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 66.91%. This publicly-traded company’s shares outstanding now amounts to $255.54 million, simultaneously with a float of $222.39 million. The organization now has a market capitalization sitting at $192.29 million. At the time of writing, stock’s 50-day Moving Average stood at $0.9781, while the 200-day Moving Average is $1.3280.
American Well Corporation (AMWL) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Health Information Services industry. American Well Corporation’s current insider ownership accounts for 23.12%, in contrast to 47.73% institutional ownership. According to the most recent insider trade that took place on Apr 01 ’24, this organization’s Chief Financial Officer sold 7,569 shares at the rate of 0.77, making the entire transaction reach 5,844 in total value, affecting insider ownership by 2,784,414. Preceding that transaction, on Apr 01 ’24, Company’s President, International sold 6,891 for 0.77, making the whole transaction’s value amount to 5,321. This particular insider is now the holder of 2,459,579 in total.
American Well Corporation (AMWL) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 12/30/2023, the company posted -$0.17 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.2) by $0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.18 per share during the current fiscal year.
American Well Corporation’s EPS increase for this current 12-month fiscal period is 66.91% and is forecasted to reach -0.46 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 36.80% through the next 5 years, which can be compared against the -59.64% growth it accomplished over the previous five years trading on the market.
American Well Corporation (NYSE: AMWL) Trading Performance Indicators
Let’s observe the current performance indicators for American Well Corporation (AMWL). It’s Quick Ratio in the last reported quarter now stands at 4.70. The Stock has managed to achieve an average true range (ATR) of 0.07. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.74.
In the same vein, AMWL’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.39, a figure that is expected to reach -0.20 in the next quarter, and analysts are predicting that it will be -0.46 at the market close of one year from today.
Technical Analysis of American Well Corporation (AMWL)
Through scrutinizing the latest numbers posted by the [American Well Corporation, AMWL], it can be observed that its last 5-days Average volume of 3.86 million was better the volume of 1.78 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 6.12% While, its Average True Range was 0.0670.
Raw Stochastic average of American Well Corporation (AMWL) in the period of the previous 100 days is set at 1.70%, which indicates a major fall in contrast to 5.43% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 72.68% that was lower than 76.97% volatility it exhibited in the past 100-days period.
