American Well Corporation (NYSE: AMWL) is -65.23% lower on its value in year-to-date trading and has touched a low of $0.45 and a high of $2.73 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 $0.56 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $0.52, the stock is -6.43% and -32.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.16 million and changing -6.82% at the moment leaves the stock -56.02% off its SMA200. AMWL registered -74.23% loss for a year compared to 6-month loss of -57.54%.
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The stock witnessed a -28.12% gain in the last 1 month and extending the period to 3 months gives it a -51.13%, and is -2.48% 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 10.06% over the week and 9.72% over the month.
American Well Corporation (AMWL) has around 1104 employees, a market worth around $153.57M and $254.57M in sales. Profit margin for the company is -137.32%. Distance from 52-week low is 14.73% and -81.06% from its 52-week high. The company has generated returns on investments over the last 12 months (-84.03%).
The EPS is expected to grow by 65.90% this year
The shares outstanding are 255.54M, and float is at 228.65M with Short Float at 4.07%.
American Well Corporation (AMWL) Insider Activity
The most recent transaction is an insider sale by Knight Kurt, the company’s Chief Operating Officer. SEC filings show that Knight Kurt sold 6,085 shares of the company’s common stock on May 01 ’24 at a price of $0.52 per share for a total of $3171.0. Following the sale, the insider now owns 3.08 million shares.
American Well Corporation disclosed in a document filed with the SEC on May 01 ’24 that Gotlib Phyllis (President, International) sold a total of 4,469 shares of the company’s common stock. The trade occurred on May 01 ’24 and was made at $0.52 per share for $2329.0. Following the transaction, the insider now directly holds 2.46 million shares of the AMWL stock.
Still, SEC filings show that on May 01 ’24, McNeice Paul Francis (Chief Accounting Officer) disposed off 175 shares at an average price of $0.52 for $91.0. The insider now directly holds 198,451 shares of American Well Corporation (AMWL).
