Amazon (AMZN) Disappoints on Earnings But Has a Bright Path Ahead

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During the last session 3M of Amazon.com, Inc.’s (NasdaqGS:AMZN) shares were traded. The stock closed at $3199.95 per share indicating that it gained $12.20 or 0.38% during that day which brings the Amazon.com, Inc.’s valuation to $1.62T.

The 52-week high for the Amazon.com, Inc.’s shares is $3,773.08. This is the highest price the AMZN shares have gotten with a great gain of -3.62% since the share price dropped to a 52-week low of $2,871.00.

What does the trading volume tell us about the AMZN stock?

During the last trading session, Amazon.com, Inc. (NasdaqGS:AMZN) has seen decay in its daily volume. The daily volume was of 3M, while in the last 10 days the average was 2.94M and last three months – 3.3M.

Shrinking short interest

The Amazon.com, Inc.’s shares are seeing a decreasing short interest compared to the previous month. As of today, there are 3.92M shares being shorted which translates into 1 of a short ratio for AMZN, while in the previous month the shorted shares were 4.52M.

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Amazon.com, Inc. (NasdaqGS:AMZN)’s financials

With a market cap of 1.62T, Amazon.com, Inc. holds a total cash of $89.89B that translates into $177.5 per share, while the total debt is of $123.25B.

The company has seen an increase in the revenue with a year-over-year quarterly revenue growth percentage of 27.20%. The current revenue is of $443.3B that is $881.31 per share.


This is a great sign for a bright future.