The 52-week high and low are important indicators for investors of the performance of a company’s stock. The high is the highest price that a stock has traded at in the last year, while the low is the lowest price it has traded at in that same period. Amazon’s current 52-week high and low are both important figures to note.
At the time of writing, Amazon’s 52-week high stands at $3358.61, which it hit on August 29th, 2020. This was a record high for Amazon stock, showing investors that they had made a good decision to buy this stock.
The low point for Amazon’s stock over the past year was $1864.00, which it hit on March 18th, 2020. This was due to market conditions caused by the coronavirus pandemic and shows how volatile markets can be.
Since then, Amazon has recovered significantly and its share price is now trading well above its 52-week low of $1864.00. This is largely due to the company’s continued success in its core business segments such as e-commerce and cloud computing.
The 52-week highs and lows can be an important indicator for investors as they provide insight into how a company’s stock has performed over the past year. For Amazon, its current 52-week high of $3358.61 shows investors that they have made a smart investment decision by buying this stock.
Conclusion:
Amazon’s current 52-week high stands at $3358.61, while its low stands at $1864. These figures show investors that they have made a good decision by investing in this company’s stocks as it has been performing well over the past year.
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