Amazon Stock Edges Higher: AMZN Shows Midday Gains on NASDAQ
Shares of e-commerce and cloud computing giant Amazon.com Inc (NASDAQ: AMZN) were trading higher during the midday session on Thursday, April 25th. As of 12:56 PM Eastern Time, the stock price was 187.87 USD.
This represents a modest gain of 1.33 USD, or 0.71 percent, for the trading day so far. The positive move pushed the share price above the previous day’s closing value of 186.54 USD, indicating some buying interest in the widely followed tech stock.
Amazon’s trading day displayed some volatility. The stock opened the session slightly higher at 187.62 USD. It experienced a dip early on, hitting an intraday low of 185.49 USD, before recovering and climbing to an intraday high of 187.98 USD, near its current level. The chart shows fluctuating prices throughout the morning before trending towards the day’s high point around midday.
Key financial information for Amazon includes a significant market capitalization of 1.99 Trillion USD. The company’s Price to Earnings (P/E) ratio currently stands at 34.00. According to the data provided, Amazon does not currently offer a dividend yield to its shareholders.
Placing the current price in a broader context, it falls within Amazon’s 52 week trading range. Over the past year, AMZN shares have seen a low of 151.61 USD and reached a high of 242.52 USD. Today’s price action positions the stock considerably above its annual low, though still noticeably below its yearly peak.
