American Well Corporation: Buy, Hold, or Sell? Analysts Weigh In Amid Market Challenges

American Well Corporation’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $2.73 on 06/07/23, and the lowest price during that time was $0.75, recorded on 04/02/24.

52-week price history of AMWL Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. American Well Corporation’s current trading price is -72.28% away from its 52-week high, while its distance from the 52-week low is 0.81%. The stock’s price range for this period has remained between $0.75 and $2.73. The Healthcare sector company’s shares managed to surpass a trading volume of around 6.41 million for the day, which was noticeably higher compared to the shares’ average daily volume of 1.52 million over the last three months.

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.


Financial Performance and Market Capitalization

American Well Corporation (AMWL) has experienced a quarterly decline of -49.12% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 219.28M and boasts a workforce of 1104 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.1553, with a change in price of -0.4619. Similarly, American Well Corporation recorded 1,856,154 in trading volume during the last 100 days, posting a change of -37.86%.

AMWL Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of 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

As of today, the raw stochastic average of American Well Corporation over the last 50 days is at 3.76%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 7.74%. Further, the company’s Stochastic %K and %D values for the last 20 days were 6.85% and 7.55%, respectively.

AMWL Stock Price Performance Analysis

The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The metric has seen a significant loss of -49.12% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -35.21%. Over the past 30 days, the price of AMWL has leaped by -28.48%. And in the last five days, it has fallen by -8.66%.

On Key

Related Posts