Amazon.com Inc (NASDAQ:AMZN) shares traded -1.79% lower at $212.71 on Wall Street last session.
AMZN stock price is now -6.65% away from the 50-day moving average and 7.37% away from the 200-day moving average. The market capitalization of the company currently stands at $2254.24B.
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With the price target enhanced from $260 to $280, Wedbush maintained Outperform rating for Amazon.com Inc (NASDAQ: AMZN). On January 06, 2025, Wedbush reiterated its ‘Outperform’ rating on the stock by increasing its target price from $250 to quote $260, while ‘Wolfe Research’ rates the stock as ‘Outperform’
In other news, Zapolsky David, Officer bought 19,212 shares of the company’s stock on Feb 24 ’25. The stock was bought for $4,178,610 at an average price of $217.50. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 21 ’25, Officer SHELLEY REYNOLDS bought 8,833 shares of the business’s stock. A total of $1,968,699 was incurred on buying the stock at an average price of $222.88. A total of 10.59% of the company’s stock is owned by insiders.
During the past 12 months, Amazon.com Inc has had a low of $151.61 and a high of $242.52. As of last week, the company has a debt-to-equity ratio of 0.52, a current ratio of 1.06, and a quick ratio of 0.87.
The net profit margin was 9.29% and return on equity was 24.29% for AMZN. The company reported revenue of $187.79 billion for the quarter, compared to $169.96 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.49 percent.
