Amazon.com (AMZN) : Wednesdays money flow analysis of Amazon.com (AMZN) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $907.31 million. In comparison, the inflow of money on upticks was a meager $864.11 million. The dollar value of composite uptick trades minus the downtick trades was negative $43.2 million. The uptick to downtick ratio of 0.95 in the money flow shows weakness. The downtick transaction value was high at $0 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($0 million). Amazon.com (AMZN) gained $11.79 at $827.9, a change of 1.44% over the previous days close.
Shares of Amazon.com, Inc. rose by 4.94% in the last five trading days and 7.45% for the last 4 weeks. Amazon.com, Inc. is up 15.81% in the last 3-month period. Year-to-Date the stock performance stands at 22.61%.
Amazon.com (AMZN) : The consensus on Amazon.com (AMZN) based on 30 analyst recommendation on the company stock is 1.37, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 24 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 analyst believes that the stock is a Buy, which can produce decent returns in the future. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
Amazon.com (NASDAQ:AMZN): The stock opened at $818 and touched an intraday high of $830.14 on Wednesday. During the day, the stock corrected to an intraday low of $817.0337, however, the bulls stepped in and pushed the price higher to close in the green at $828.72 with a gain of 1.55% for the day. The total traded volume for the day was 4,421,561. The stock had closed at $816.11 in the previous trading session.
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.