There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for American Well Corporation (AMWL) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $1.34. The American Well Corporation has recorded 35,440 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that OSF HealthCare Reduces Rates of Depression and Anxiety by Over 50% Using the Amwell® Platform.
This NYSE-listed company operates within the Health Information Services industry segment, falling under the Healthcare sector. At the end of the last regular session, the stock closed at $1.34 and fluctuated between $1.3800 as its day high and $1.2700 as its day low. The current market capitalization of American Well Corporation is $375.98M. A total of 1.97 million shares were traded on the day, compared to an average of 1.24M shares.
Insider trades can also provide insight into a stock’s future direction. During the recent three months, AMWL has seen 7 BUY and 11 SELL insider trades, representing the acquisition of 642,201 and the disposition of 417,317 shares. Over the last 12 months, there were 16 BUYs and 80 SELLs from insiders. Insiders purchased 5,440,981 shares during that period but sold 3,076,762.
In the most recent transaction, Knight Kurt sold 25,866 shares of AMWL for 1.44 per share on Sep 05. After the transaction, the Chief Operating Officer now owns 1,276,157 company shares. In a previous transaction on Sep 01, Shepardson Robert sold 24,989 shares at 1.50 per share. AMWL shares that Chief Financial Officer owns now total 1,033,686.
Among the insiders who sold shares, Knight Kurt disposed of 18,108 shares on Sep 01 at a per-share price of $1.50. This resulted in the Chief Operating Officer holding 1,302,023 shares of AMWL after the transaction. In another insider transaction, Gotlib Phyllis sold 14,479 shares at $1.50 per share on Sep 01. Company shares held by the President, International now total 625,602.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for AMWL in the last 3 months, the mean price target is $2.64 with high estimates of $4.00 and low estimates of $2.00. In terms of 52-week highs and lows, AMWL has a high of $4.39 and a low of $1.24.
As of this writing, AMWL has an earnings estimate of -$0.21 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of -$0.18 per share and a lower estimate of -$0.25. The company reported an EPS of -$1.42 in the last quarter, which was -576.20% lower than expectations of -$0.21.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. AMWL’s latest balance sheet shows that the firm has $746.42M in Cash & Short Term Investments as of fiscal 2021. There were $16.61M in debt and $141.63M in liabilities at the time. Its Book Value Per Share was $2.21, while its Total Shareholder’s Equity was $1.26B.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AMWL is Buy with a score of 3.29.