AMN Healthcare Services Inc (NYSE:AMN) shares, rose in value on Friday, November 01, with the stock price down by -2.74% to the previous day’s close as strong demand from buyers drove the stock to $36.90.
Actively observing the price movement in the last trading, the stock closed the session at $37.94, falling within a range of $36.88 and $38.48. The value of beta (5-year monthly) was 0.118 whereas the PE ratio was 14.23 over 12-month period. Referring to stock’s 52-week performance, its high was $80.22, and the low was $36.50. On the whole, AMN has fluctuated by -3.91% over the past month.
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With the market capitalization of AMN Healthcare Services Inc currently standing at about $1.40 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Nov-07.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.9B, with a low estimate of 669.25M and a high estimate of 674M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 671.44M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AMN’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of AMN currently trading nearly -6.86% and -15.44% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 31.42, while the 7-day volatility ratio is showing 3.66% which for the 30-day chart, stands at 3.63%. Furthermore, AMN Healthcare Services Inc (AMN)’s beta value is 0.13, and its average true range (ATR) is 1.57.
A comparison of AMN Healthcare Services Inc (AMN) with its peers suggests the former has fared considerably weaker in the market. AMN showed an intraday change of -2.74% in last session, and over the past year, it shrunk by -51.73%%.
Data on historical trading for AMN Healthcare Services Inc (NYSE:AMN) indicates that the trading volumes over the past 10 days have averaged 0.64 and over the past 3 months, they’ve averaged 813.72K. According to company’s latest data on outstanding shares, there are 37.81 million shares outstanding.
Nearly 0.73% of AMN Healthcare Services Inc’s shares belong to company insiders and institutional investors own 114.82% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.16 million shares as on 2024-10-15, resulting in a short ratio of 5.43. According to the data, the short interest in AMN Healthcare Services Inc (AMN) stood at 1901.00 of shares outstanding as of 2024-10-15; the number of short shares registered in 2024-09-13 reached 5.82 million. The stock has fallen by -50.72% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AMN stock heading into the next quarter.
