How to Buy American Well Stock
American Well Corp
American Well is a health information service company located in Massachusetts, United States, which is part of the Healthcare sector, and is traded under the ticker AMWL on the NYSE exchange.
American Well stock last closed at $0.54, down 1.63% from the previous day, and has decreased 74.86% in one year. It has underperformed other stocks in the Health Information Services industry by 0.48 percentage points. American Well stock is currently +8.38% from its 52-week low of $0.50, and -80.15% from its 52-week high of $2.74.
At the moment, there are 289.25M AMWL shares outstanding. The market value of AMWL is $157.06M. In the last 24 hours, 2.4M AMWL shares were traded.
How to Buy American Well Stock
Wondering how to invest in American Well stock? Here's how.
- Choose where to buy American Well stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you figure out where to buy American Well stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Pick your method of payment and add your information.
- Evaluate American Well stock: The American Well ticker symbol is AMWL. Is American Well stock a good investment? Should you buy shares of AMWL? How do AMWL's underlying business fundamentals look? Do top analysts think American Well is a good buy? Why has AMWL's stock price moved recently? (Hint: Our stock analysis website can help you understand if AMWL is a good stock to buy).
- Execute your AMWL trade: Decide if you will purchase AMWL shares at the current market price or use a limit order to purchase AMWL stock at a particular price.
- Get key alerts regarding your investment in AMWL: Create a watchlist to watch your investment in American Well stock.
Step 1: Choose where to buy American Well stock
You need a brokerage account to access the NYSE market and buy AMWL shares.
Our recommended brokerage: eToro
In our opinion, eToro is the best stock brokerage. eToro gives you:
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- Security: eToro is a regulated and licensed fintech leader.
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Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal information so you are able to invest in AMWL today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start your new trading account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've created your account on stock apps to use, your next step is to transfer the money for your investment:
Watch this video walkthrough if you need help transferring funds into your investment account.
Step 4: Evaluate American Well stock
After you have chosen the best place to buy American Well stock, it's very important to analyze their stock before you buy, so you actually wrap your head around the risk as well as the opportunity.
American Well shares at a glance
AMWL Overview
WallStreetZen was created to help average investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on AMWL's stock page.
How is AMWL stock valued?
You can use many financial metrics, analyses, models, and charts to gauge AMWL's intrinsic value.
Using relative valuations measures:
- AMWL could be undervalued based on its P/B ratio of 0.34x, relative to Health Information Services industry P/B ratio of 3.4x
You can access more valuation analysis on AMWL's stock here.
AMWL Financial Overview
Positive Health Checks:
- AMWL has cash burn of 163591000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the AMWL balance sheet.
- There are more short-term assets than short-term liabilities on the AMWL balance sheet.
- AMWL has $372.83M in cash and short term investments. This is sufficient to cover its annual cash burn of $163.59M.
- AMWL has a low debt to equity ratio of 0.24.
- Total AMWL debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- AMWL profit margin has gone down from -97.6% to -260.6% in the past year.
Is AMWL stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Equities analysts who give forecasts on AMWL, the consensus analyst rating on AMWL is a Hold
Please note that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the American Well stock forecast page.
Metrics for Advanced AMWL Traders
AMWL Performance Metrics
Last year, AMWL revenue was $259.05M. In the past five year, AMWL's revenue has grown by 17.85% per year. This was slower than the Health Information Services industry average of 19.8%.
You can research AMWL's earnings and revenue performance here.
Who is buying/selling AMWL?
In the last year, executives and large shareholders at AMWL have sold more shares than they have bought.
Phyllis Gotlib, President International of AMWL, was the latest AMWL insider to sell. They sold $5,319.85 worth of AMWL shares on Apr 1, 2024.
Get more info about who owns AMWL stock here.
Can I get consistent income from AMWL stock?
No, American Well doesn't provide an income stream by paying out dividends.
What do other traders have to say about AMWL?
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Execute your AMWL trade
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount limit, use a limit order.
Hit the Open button and eToro will place the order.
If you require more info about investing in stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your investment in AMWL
Now that you own some shares in AMWL, you'll want to stay up-to-date on your company.
Put AMWL on a watchlist to keep tabs on your AMWL stock.
AMWL Feed
How to Buy Stock in American Well
To summarize, here are the 6 steps to buy stock in American Well:
- Choose where to buy American Well stock
- Create a brokerage account
- Put funds into your brokerage account
- Evaluate American Well stock
- Execute your AMWL trade
- Get key alerts regarding your investment in AMWL
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in American Well, create your watchlist below.
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