AMN Healthcare Services Inc (NYSE:AMN) shares, rose in value on Friday, January 24, with the stock price down by -0.40% to the previous day’s close as strong demand from buyers drove the stock to $27.68.
Actively observing the price movement in the last trading, the stock closed the session at $27.79, falling within a range of $27.15 and $27.82. The value of beta (5-year monthly) was 0.131 whereas the PE ratio was 19.94 over 12-month period. Referring to stock’s 52-week performance, its high was $79.74, and the low was $22.47. On the whole, AMN has fluctuated by 20.66% over the past month.
With the market capitalization of AMN Healthcare Services Inc currently standing at about $1.05 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.94B, with a low estimate of 691M and a high estimate of 697.16M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 694.36M.
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 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% 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 7.42% and 7.32% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.69, while the 7-day volatility ratio is showing 4.48% which for the 30-day chart, stands at 5.06%. Furthermore, AMN Healthcare Services Inc (AMN)’s beta value is 0.09, and its average true range (ATR) is 1.36.
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 -0.40% in last session, and over the past year, it shrunk by -62.12%%.
Data on historical trading for AMN Healthcare Services Inc (NYSE:AMN) indicates that the trading volumes over the past 10 days have averaged 0.65 and over the past 3 months, they’ve averaged 981.67K. According to company’s latest data on outstanding shares, there are 38.02 million shares outstanding.
Nearly 0.82% of AMN Healthcare Services Inc’s shares belong to company insiders and institutional investors own 117.13% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.04 million shares as on 2024-12-31, resulting in a short ratio of 4.66. According to the data, the short interest in AMN Healthcare Services Inc (AMN) stood at 1483.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 4.07 million. The stock has risen by 15.72% 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.
