The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. American Well Corporation’s current trading price is -66.73% away from its 52-week high, while its distance from the 52-week low is -1.63%. The stock’s price range for this period has been between $0.93 and $2.73 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 4.81 million for the day, a number notably higher than the average daily volume of 1.72 million over the last three months.
American Well Corporation experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $2.73 on 06/07/23, while the lowest price for the same period was registered at $0.93 on 03/12/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
American Well Corporation (AMWL) has experienced a quarterly decline of -23.53% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 263.22M and boasts a workforce of 1104 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.1926, with a change in price of -0.1300. Similarly, American Well Corporation recorded 1,890,148 in trading volume during the last 100 days, posting a change of -12.50%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for AMWL stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.02.
AMWL Stock Stochastic Average
American Well Corporation’s raw stochastic average for the past 50 days is presently 1.47%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 1.82%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 4.08% and 6.77%, respectively.
AMWL Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -38.93% this year. Over the last six months, there has been a stronger performance of -35.46%. The price of AMWL leaped by -17.27% during the last 30 days period. For the last 5-days stocks have slided -11.65%.
