Amazon.com (AMZN) : Traders are bullish on Amazon.com (AMZN) as it has outperformed the S&P 500 by a wide margin of 1.56% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.21%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.54% in the last 1 week, and is up 1.34% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.7% and the fifty day Moving Average is 3.47%. Amazon.com, Inc. is up 7.97% in the last three month period. Year-to-Date the stock performance stands at 13.78%.
Amazon.com (AMZN) : The most positive equity analysts on Amazon.com (AMZN) expects the shares to touch $995, whereas, the least positive believes that the stock will trade at $670 in the short term. The company is covered by 28 Wall Street Brokerage Firms. The average price target for shares are $860.86 with an expected fluctuation of $68.41 from the mean.
Amazon.com (NASDAQ:AMZN): stock turned positive on Friday. Though the stock opened at $760.05, the bulls momentum made the stock top out at $770 level for the day. The stock recorded a low of $759.795 and closed the trading day at $769, in the green by 1.29%. The total traded volume for the day was 2,776,830. The stock had closed at $759.22 in the previous days trading.
Amazon.com, Inc. (Amazon.com) is an e-commerce company. The Company sells a range of products and services through its Websites. The Companys products are offered through consumer-facing Websites, which include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. It designs its Websites to enable products to be sold by the Company and by third parties across various product categories. It also manufactures and sells electronic devices, including Kindle e-readers, Fire tablets, Fire TVs, Echo and Fire phones. Amazon.com operates in two segments: North America and International. The North America segment focuses on retail sales earned through North America-focused Websites. The International segment focuses on the Companys operations done through its international Websites. It serves developers and enterprises through Amazon Web Services (AWS). It serves authors and independent publishers with Kindle Direct Publishing.