In yesterday’s Wall Street session, Polished.com Inc. (AMEX:POL) shares traded at $0.13, down -2.18% from the previous session.
As of this writing, 1 analysts cover Polished.com Inc. (AMEX:POL). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $1.00 and a low of $1.00, we find $1.00. Given the previous closing price of $0.13, this indicates a potential upside of 669.23 percent. POL stock price is now -69.85% away from the 50-day moving average and -76.39% away from the 200-day moving average. The market capitalization of the company currently stands at $14.60M.
There are 1 analysts who have given it a hold rating, whereas 0 have given it a buy rating. Brokers who have rated the stock have averaged $1.00 as their price target over the next twelve months.
A total of 6.57% 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 $620,000. JANE STREET GROUP, LLC invested $2,000 in shares of POL during the first quarter.
Wednesday morning saw Polished.com Inc. (AMEX: POL) opened at $0.1400. During the past 12 months, Polished.com Inc. has had a low of $0.12 and a high of $1.16. As of last week, the company has a debt-to-equity ratio of 1.56, a current ratio of 1.30, and a quick ratio of 0.80. The fifty day moving average price for POL is $0.4235 and a two-hundred day moving average price translates $0.5485 for the stock.
The latest earnings results from Polished.com Inc. (AMEX: POL) was released for Jun, 2023. 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 $0.34 EPS in the same period last year. The net profit margin was -23.60% and return on equity was -75.60% for POL. The company reported revenue of $87.76 million for the quarter, compared to $126.09 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -30.4 percent. For the current quarter, analysts expect POL to generate $87.76M 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; and furniture, décor, bed & bath, lighting, outdoor living, electronics categories, fitness equipment, plumbing fixtures, air conditioners, fireplaces, fans, dehumidifiers, humidifiers, air purifiers, and televisions. It also 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.
