Stocks of Polished.com Inc. (AMEX:POL) traded higher last session on Wall Street, up 8.25% to $0.63.
POL stock price is now -4.36% away from the 50-day moving average and -24.54% away from the 200-day moving average. The market capitalization of the company currently stands at $63.72M.
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A total of 4.97% 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 PRAETORIAN CAPITAL MANAGEMENT LLC during the first quarter worth $3,004,000. ALTIUM CAPITAL MANAGEMENT LP invested $631,000 in shares of POL during the first quarter. In the first quarter, CHAPIN DAVIS, INC. acquired a new stake in Polished.com Inc. valued at approximately $136,000. SUSQUEHANNA INTERNATIONAL GROUP, LLP acquired a new stake in POL for approximately $114,000. MILL CREEK CAPITAL ADVISORS, LLC purchased a new stake in POL valued at around $76,000 in the second quarter. In total, there are 64 active investors with 26.30% ownership of the company’s stock.
Tuesday’s opening bell rang with an opening price of $0.5750 for Polished.com Inc. (AMEX: POL). During the past 12 months, Polished.com Inc. has had a low of $0.42 and a high of $2.17. 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 $0.6599 and a two-hundred day moving average price translates $0.8310 for the stock.
The latest earnings results from Polished.com Inc. (AMEX: POL) was released for Mar, 2022. According to the Specialty Retail 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 $136.7M in revenue.
Polished.com Inc.(POL) Company Profile
Polished.com 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. The company was formerly known as 1847 Goedeker Inc. and changed its name to Polished.com Inc. in July 2022. Polished.com Inc. was founded in 1951 and is headquartered in Brooklyn, New York.
