American Well (AMWL) to Release Earnings on Wednesday

American Well (NYSE:AMWL - Get Free Report) will likely be issuing its quarterly earnings data after the market closes on Wednesday, February 12th. Analysts expect the company to announce earnings of ($3.04) per share and revenue of $66.57 million for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.

American Well Stock Performance

Shares of AMWL stock traded down $0.11 during trading hours on Friday, reaching $11.36. The company had a trading volume of 56,256 shares, compared to its average volume of 57,283. The business has a fifty day moving average price of $9.07 and a 200-day moving average price of $9.06. American Well has a one year low of $5.00 and a one year high of $29.00. The firm has a market cap of $174.04 million, a PE ratio of -0.78 and a beta of 1.18.

Wall Street Analyst Weigh In

AMWL has been the subject of a number of research analyst reports. Needham & Company LLC reiterated a "hold" rating on shares of American Well in a research note on Thursday, October 31st. Morgan Stanley reduced their price target on shares of American Well from $20.00 to $10.50 and set an "equal weight" rating for the company in a research note on Tuesday, December 17th. Finally, Wells Fargo & Company raised shares of American Well from an "equal weight" rating to an "overweight" rating and set a $15.00 price objective on the stock in a report on Monday, January 13th.

About American Well

American Well Corporation, an enterprise platform and software company, delivers digitally enabling hybrid care in the United States and internationally. The company offers Converge, a cloud-based platform that enables health providers, payers, and innovators to provide in-person, virtual and automated care; and delivers virtual primary care, post-discharge follow-up, chronic condition management, virtual nursing, e-sitting, on-demand and scheduled virtual visits, specialty consults, automated care, and behavioral health, as well as specialty care programs, including dermatology, musculoskeletal care, second opinion, and cardiometabolic care to patients and members.