Home  »  Markets   »  American Well Corporation (AMWL) Volatility At 5.4...

American Well Corporation (AMWL) Volatility At 5.40%, Should You Add A Position?

American Well Corporation (NYSE: AMWL) is -22.61% lower on its value in year-to-date trading and has touched a low of $1.95 and a high of $5.43 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AMWL stock was last observed hovering at around $2.20 in the last trading session, with the day’s loss setting it -0.01% off its average median price target of $3.00 for the next 12 months. It is also 56.2% off the consensus price target high of $5.00 offered by 15 analysts, but current levels are 12.4% higher than the price target low of $2.50 for the same period.

Currently trading at $2.19, the stock is 2.65% and -0.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.86 million and changing -0.45% at the moment leaves the stock -34.47% off its SMA200. AMWL registered -29.35% loss for a year compared to 6-month loss of -41.29%. The firm has a 50-day simple moving average (SMA 50) of $0.21 and a 200-day simple moving average (SMA200) of -$0.24.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.


The stock witnessed a 9.50% gain in the last 1 month and extending the period to 3 months gives it a -27.72%, and is -2.23% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.40% over the week and 6.53% over the month.

American Well Corporation (AMWL) has around 1123 employees, a market worth around $640.79M and $277.00M in sales. Distance from 52-week low is 12.31% and -59.63% from its 52-week high. The company has generated returns on investments over the last 12 months (-25.90%).

American Well Corporation (AMWL) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for American Well Corporation (AMWL) is a “Hold”. 15 analysts offering their recommendations for the stock have an average rating of 2.70, where 12 rate it as a Hold and 0 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

American Well Corporation is expected to release its quarterly report on 08/09/2023.The EPS is expected to shrink by -42.10% this year

American Well Corporation (AMWL) Top Institutional Holders

The shares outstanding are 279.97M, and float is at 220.63M with Short Float at 4.01%.

American Well Corporation (AMWL) Insider Activity

A total of 46 insider transactions have happened at American Well Corporation (AMWL) in the last six months, with sales accounting for 42 and purchases happening 4 times. The most recent transaction is an insider sale by Schoenberg Ido, the company’s Chairman, co-CEO. SEC filings show that Schoenberg Ido sold 250,610 shares of the company’s common stock on May 15 at a price of $2.04 per share for a total of $0.51 million. Following the sale, the insider now owns 1.57 million shares.

American Well Corporation disclosed in a document filed with the SEC on May 15 that Schoenberg Roy (President, co-CEO) sold a total of 233,427 shares of the company’s common stock. The trade occurred on May 15 and was made at $2.04 per share for $0.48 million. Following the transaction, the insider now directly holds 2.43 million shares of the AMWL stock.

Still, SEC filings show that on May 01, Schoenberg Ido (Chairman, co-CEO) disposed off 10,265 shares at an average price of $2.17 for $22247.0. The insider now directly holds 1,316,909 shares of American Well Corporation (AMWL).

American Well Corporation (AMWL): Who are the competitors?

The company’s main competitors (and peers) include Microsoft Corporation (MSFT) that is trading 25.54% up over the past 12 months and Amazon.com Inc. (AMZN) that is 10.47% higher over the same period. The Cigna Group (CI) is -6.75% down on the 1-year trading charts.

Most Popular

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Related Posts