2020 is the year of change which has not only created uncertainties for businesses but also started the new price war. But the e-commerce company Amazon has won this war as Amazon.com, Inc. (NASDAQ: AMZN) has disclosed today that it has been chosen as the ‘low price leader’ in the annual ‘Price Wars’ study of Profitero.
Profitero has assessed the prices of over 18,400 products across different platforms including Walmart, Wayfair, Kroger, Best Buy, and Staples, etc. But the e-commerce performance analytics platform has discovered that among all these platforms Amazon is the one which has constantly been rewarding its customers the low-cost products.
Amazon is the online price leader, defeating other major retailers on the price by 15%, on average. According to the study, it has gained recognition as the most competitively priced retailer in 18 out of 21 major consumer product categories.
Amazon.com, Inc. (AMZN) has seen some recent movement in the marketplace and its stock was last quoted at $3,131.06 yesterday. Traders are starting to take notice of AMZN as the stock traded as high as $3,142.70 and as low as $3,074.14 in the prior trading session.
Amazon.com, Inc. (AMZN) average trading volume is 5.19M. However, in the prior trading session Amazon.com, Inc. (AMZN) traded 3,808,676 shares. The 1st support level on AMZN is $3126.36 and the 1st upside resistance level on AMZN is $3547.00. AMZN fifty day moving average is $3,198.74 and AMZN 200day moving average is $2,970.24.
Amazon.com, Inc. (AMZN) recent performance has been indicated by the recent movement in AMZN stock. AMZN has performed -4.33% over the past month, AMZN has performed -5.48% over the past 3 months and AMZN has shown 80.00% over the past 12 months. Amazon.com, Inc. (AMZN) has a 1 year range of $1,626.03 to $3,552.25. Amazon.com, Inc. (AMZN) is trading 92.56% from its 1 year low and -11.86% from its 1 year high. Amazon.com, Inc. (AMZN) is displaying a 0.73% short float displaying the sum short in the float.
AMZN has 501.00M shares outstanding and 427.91M shares in the float. Amazon.com, Inc. (AMZN) at this time has a market cap of $1561.71B and an income of 17.38B. The EPS next quarter for AMZN is 7.09 and the forecasted EPS next year is 30.08%. The market cap of Amazon.com, Inc. (AMZN) at $1561.71B signifies how many Traders own shares of AMZN and is calculated off the last price ($3,131.06) of AMZN and the sum of shares outstanding (501.00M) with Amazon.com, Inc. (AMZN).
Amazon.com, Inc. (AMZN) has aggregate cash (mrq) of 68.4B, aggregate cash per share (mrq) of 68.16, aggregate debt of AMZN stands at 96.81B and aggregate debt/equity (mrq) is 116.96. . Amazon.com, Inc. (AMZN) operating cash flow (ttm) is 55.29B, AMZN leveraged free cash flow (ttm) is 33.67B.
AMZN is trading -1.19% below (bearish) its SMA20, -1.25% below (bearish) its SMA50 and 16.62% above (bullish) its SMA200.