Shares of Amazon.com Inc. (AMZN) Rise to a New 52-Week High

July 7, 2021 10:59:43

Shares of Amazon.com Inc. (NASDAQ:AMZN) traded at a new 52-week high today of $3734.50. Approximately 643,000 shares have changed hands today, as compared to an average 30-day volume of 3 million shares.

Amazon.com Inc. (NASDAQ:AMZN) is currently priced 26.2% above its average consensus analyst price target of $2741.42.

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.

In the past 52 weeks, shares of Amazon.com Inc. have traded between a low of $2871.00 and a high of $3734.50 and is now at $3713.00, which is 29% above that low price.

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