There Is A Quest For Clarity Surrounding American Well Corporation (NYSE: AMWL) Volatility

After Hours

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. The stock was recently discussed on Yahoo Finance as it revealed that Amwell to Report Fourth Quarter and Full Year 2023 Operating Results on Feb. 14.

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Stocks Info

This NYSE-listed company operates within the Health Information Services industry segment, falling under the Healthcare sector. The current market capitalization of American Well Corporation is $304.82M. A total of 0.96 million shares were traded on the day, compared to an average of 1.82M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, AMWL has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 14 BUYs and 51 SELLs from insiders. Insiders purchased 4,857,639 shares during that period but sold 2,423,509.

In the most recent transaction, Knight Kurt sold 6,239 shares of AMWL for 1.09 per share on Feb 01. After the transaction, the Chief Operating Officer now owns 1,225,437 company shares. In a previous transaction on Feb 01, Gotlib Phyllis sold 4,462 shares at 1.09 per share. AMWL shares that President, International owns now total 602,904.

Among the insiders who sold shares, McNeice Paul Francis disposed of 151 shares on Feb 01 at a per-share price of $1.09. This resulted in the Chief Accounting Officer holding 103,237 shares of AMWL after the transaction. In another insider transaction, Paunovich Vukasin sold 58,409 shares at $1.07 per share on Jan 16. Company shares held by the EVP, Enterprise Platforms now total 615,312.

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 $2.22 with high estimates of $4.00 and low estimates of $1.30. In terms of 52-week highs and lows, AMWL has a high of $3.95 and a low of $0.93.

As of this writing, AMWL has an earnings estimate of -$0.2 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of -$0.18 per share and a lower estimate of -$0.23. The company reported an EPS of -$0.33 in the last quarter, which was -50.00% lower than expectations of -$0.22.

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 $1.75, while its Total Shareholder’s Equity was $1.26B.

Analysts Opinion

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 3.44.

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