In yesterday’s Wall Street session, Polished.com Inc. (AMEX:POL) shares traded at $0.51, down -6.13% from the previous session.
POL stock price is now -16.99% away from the 50-day moving average and -51.94% away from the 200-day moving average. The market capitalization of the company currently stands at $62.49M.
Will You Miss Out On This Growth Stock Boom?
A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.
And this is just one of our
5 Best Growth Stocks To Own For 2023.
Sponsored
.
A total of 4.87% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in POL stock. A new stake in Polished.com Inc. shares was purchased by PERRITT CAPITAL MANAGEMENT INC during the first quarter worth $102,000. ROCK CREEK GROUP, LP invested $102,000 in shares of POL during the first quarter. In the first quarter, GRATIA CAPITAL, LLC acquired a new stake in Polished.com Inc. valued at approximately $51,000. APOLLON WEALTH MANAGEMENT, LLC acquired a new stake in POL for approximately $35,000. VIRTU FINANCIAL LLC purchased a new stake in POL valued at around $15,000 in the second quarter. In total, there are 65 active investors with 26.30% ownership of the company’s stock.
On Wednesday morning Polished.com Inc. (AMEX: POL) stock kicked off with the opening price of $0.5400. During the past 12 months, Polished.com Inc. has had a low of $0.42 and a high of $2.61. As of last week, the company has a debt-to-equity ratio of 0.26, a current ratio of 1.20, and a quick ratio of 0.70. The fifty day moving average price for POL is $0.6147 and a two-hundred day moving average price translates $1.0617 for the stock.
The latest earnings results from Polished.com Inc. (AMEX: POL) was released for Mar, 2022. According to the Specialty Chemicals Company, earnings per share came in at $0.06, beating analysts’ expectations of $0.04 by 0.02. This compares to -$0.57 EPS in the same period last year. The net profit margin was 3.40% and return on equity was 8.40% for POL. The company reported revenue of $152.75 million for the quarter, compared to $13.7 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1015.22 percent. For the current quarter, analysts expect POL to generate $149.25M in revenue.
Polished.com Inc.(POL) Company Profile
1847 Goedeker Inc. operates an e-commerce platform for appliances, furniture, and home goods in the United States. The company offers household appliances, including refrigerators, ranges, ovens, dishwashers, microwaves, freezers, washers, and dryers. It also sells furniture, décor, bed and bath, lighting, outdoor living, electronics, fitness equipment, plumbing fixtures, air conditioners, fireplaces, fans, dehumidifiers, humidifiers, air purifiers, and televisions. In addition, the company provides appliance installation services and old appliance removal services. 1847 Goedeker Inc. was founded in 1951 and is headquartered in Brooklyn, New York.
