[breadcrumb_custom]

AMZN’s 2023 Market Dance: Up 13.43% – Time to Invest?

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Until today this year the stock’s price performance recorded an increase of 13.43%. However, over the last six months, the performance has been weaker by 24.51%. The price of AMZN increased 11.06% over the last 30 days. And in the last five days, it has surged by 1.19%.

Amazon.com Inc.’s stock has had a calm market performance. The 1-year high for the company’s stock was $175.00 on 02/12/24, and the lowest price during the same period was recorded at $88.12 on 03/13/23.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.
Sponsored

52-week price history of AMZN Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Amazon.com Inc.’s current trading price is -1.52% away from its 52-week high, while its distance from the 52-week low is 95.57%. The stock’s price range over this timeframe has been between $88.12 and $175.00. The shares of the Consumer Cyclical sector company recorded a trading volume of approximately 50.93 million for the day, which was comparatively higher than the average daily volume of 1.05 over the last three months.

The Connection Between Financial Performance and Market Capitalization

Amazon.com Inc. (AMZN) has experienced a quarterly rise of 22.57% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1790.16B.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 144.45, with a change in price of +34.71. Similarly, Amazon.com Inc. recorded 51,042,117 in trading volume during the last 100 days, posting a change of +25.22%.

AMZN’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for AMZN stands at 0.77. Similarly, the long-term debt-to-equity ratio is also 0.67.

AMZN Stock Stochastic Average

The raw stochastic average for Amazon.com Inc. over the last 50 days is presently at 90.64%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 88.03%. Further, the company’s Stochastic %K and %D values for the last 20 days were 91.35% and 90.79%, respectively.

Leave a Reply

Your email address will not be published. Required fields are marked *

On Key

Related Posts