Amazon.com (AMZN) : The most positive equity analysts on Amazon.com (AMZN) expects the shares to touch $930, whereas, the least positive believes that the stock will trade at $575 in the short term. The company is covered by 29 Wall Street Brokerage Firms. The average price target for shares are $799.41 with an expected fluctuation of $79.92 from the mean.
Amazon.com (AMZN), A rise of 30,660 shares or 0.6% was seen in the short interest of Amazon.com, Inc.. Even as the interest increased from 5,136,091 shares on June 15,2016 to 5,166,751 shares on June 30,2016, the days to cover came in at 1. The updated interest stood at 1.3% of the stocks floats. The stock has seen an average daily volume of 3,919,064 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.
Also, Maxim Group initiates coverage on Amazon.com (NASDAQ:AMZN). Maxim Group has a Buy rating on the shares. As per the latest report, the brokerage house announces the price target to $825 per share. The rating by the firm was issued on June 23, 2016.
Amazon.com (NASDAQ:AMZN): On Thursdays trading session , Opening price of the stock was $748.86 with an intraday high of $749.04. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $739.02. However, the stock managed to close at $741.2, a loss of 0.19% for the day. On the previous day, the stock had closed at $742.63. The total traded volume of the day was 2,390,472 shares.
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.