Amazon.com Inc. (NASDAQ:AMZN) traded today at a new 52-week high of $3773.16. This new high was reached on below average trading volume as 643,000 shares traded hands, while the average 30-day volume is approximately 3.3 million shares.
Over the past year, Amazon.com Inc. has traded in a range of $2871.00 to $3773.16 and is now at $3742.71, 30% above that low.
Amazon is a leading online retailer and one of the highest-grossing e-commerce aggregators, with $386 billion in net sales and approximately $482 billion in estimated physical/digital online gross merchandise volume, or GMV, in 2020. Retail related revenue represented approximately 83% of total, followed by Amazon Web Services’ cloud computing, storage, database, and other offerings (12%), and advertising services and cobranded credit cards (6%). International segments constituted 27% of Amazon’s non-AWS sales in 2020, led by Germany, the United Kingdom, and Japan.
Amazon.com Inc. (NASDAQ:AMZN) defies analysts with a current price ($3742.71) 21.6% above its average consensus price target of $2933.66.
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