Closing Figures Unveiled: Amazon.com Inc. (AMZN) Gain 2.05, Closes at 185.00

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Amazon.com Inc. (NASDAQ: AMZN) closed the day trading at $185.00 up 2.05% from the previous closing price of $181.28. In other words, the price has increased by $2.05 from its previous closing price. On the day, 31.27 million shares were traded. AMZN stock price reached its highest trading level at $185.0 during the session, while it also had its lowest trading level at $181.49.

Ratios:

For a better understanding of AMZN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 42.13. For the most recent quarter (mrq), Quick Ratio is recorded 0.87 and its Current Ratio is at 1.07. In the meantime, Its Debt-to-Equity ratio is 0.71 whereas as Long-Term Debt/Eq ratio is at 0.62.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on May 01, 2024, Reiterated its Outperform rating but revised its target price to $215 from $200 previously.

On May 01, 2024, Monness Crespi & Hardt reiterated its Buy rating and also lowered its target price recommendation from $215 to $225.

Maxim Group reiterated its Buy rating for the stock on May 01, 2024, while the target price for the stock was revised from $318 to $238.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 03 ’24 when Herrington Douglas J sold 3,500 shares for $177.29 per share. The transaction valued at 620,524 led to the insider holds 523,253 shares of the business.

Selipsky Adam sold 500 shares of AMZN for $91,925 on May 22 ’24. The CEO Amazon Web Services now owns 145,524 shares after completing the transaction at $183.85 per share. On May 21 ’24, another insider, Jassy Andrew R, who serves as the President and CEO of the company, sold 20,784 shares for $181.44 each. As a result, the insider received 3,770,948 and left with 2,025,358 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMZN now has a Market Capitalization of 1925220925440 and an Enterprise Value of 2000712105984. As of this moment, Amazon.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 51.96, and their Forward P/E ratio for the next fiscal year is 31.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.26 while its Price-to-Book (P/B) ratio in mrq is 8.88. Its current Enterprise Value per Revenue stands at 3.387 whereas that against EBITDA is 20.709.

Stock Price History:

Over the past 52 weeks, AMZN has reached a high of $191.70, while it has fallen to a 52-week low of $118.35. The 50-Day Moving Average of the stock is 1.48%, while the 200-Day Moving Average is calculated to be 17.42%.

Shares Statistics:

Over the past 3-months, AMZN traded about 38.99M shares per day on average, while over the past 10 days, AMZN traded about 33261980 shares per day. A total of 10.38B shares are outstanding, with a floating share count of 9.26B. Insiders hold about 11.04% of the company’s shares, while institutions hold 62.97% stake in the company. Shares short for AMZN as of 1715731200 were 70812929 with a Short Ratio of 1.82, compared to 1713139200 on 75734073. Therefore, it implies a Short% of Shares Outstanding of 70812929 and a Short% of Float of 0.76.

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