Let’s start up with the current stock price of American Well Corporation (AMWL), which is $11.48 to be very precise. The Stock rose vividly during the last session to $11.70 after opening rate of $11.60 while the lowest price it went was recorded $11.33 before closing at $11.50.
Recently in News on July 19, 2021, Amwell to Report Second Quarter 2021 Operating Results and Host Conference Call on Wednesday, August 11, 2021. Amwell®, (NYSE:AMWL) (the “Company”) a national telehealth leader, today announced that it will report second quarter ended June 30, 2021 operating results on Wednesday, August 11, 2021. Following distribution of the earnings release via wire services, the Amwell management team will host a live conference call and webcast at 5:00 p.m. Eastern Time to review the Company’s operating results and provide a general business update. You can read further details here
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, American Well Corporation shares are logging -73.76% during the 52-week period from high price, and 18.47% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $9.69 and $43.75.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 4346689 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the American Well Corporation (AMWL) recorded performance in the market was -54.68%, having the revenues showcasing -31.30% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 2.76B, as it employees total of 812 workers.
Analysts verdict on American Well Corporation (AMWL)
During the last month, 5 analysts gave the American Well Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 9 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 15.67, with a change in the price was noted -13.90. In a similar fashion, American Well Corporation posted a movement of -54.77% for the period of last 100 days, recording 3,972,492 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for AMWL is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
American Well Corporation (AMWL): Technical Analysis
Raw Stochastic average of American Well Corporation in the period of last 50 days is set at 35.31%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 26.57%. In the last 20 days, the company’s Stochastic %K was 20.41% and its Stochastic %D was recorded 13.55%.
Let’s take a glance in the erstwhile performances of American Well Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -54.68%. The shares increased approximately by 0.26% in the 7-day charts and went up by -14.84% in the period of the last 30 days. Common stock shares were lifted by -31.30% during last recorded quarter.