Stocks of Polished.com Inc (AMEX:POL) traded higher last session on Wall Street, down -7.74% to $0.08.
According to the data, Polished.com Inc (AMEX:POL) has 1 analysts covering its stock. 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 $0.08, this indicates a potential upside of 1150.0 percent. POL stock price is now -57.59% away from the 50-day moving average and -83.29% away from the 200-day moving average. The market capitalization of the company currently stands at $8.16M.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
A total of 1 analysts have issued a hold rating and 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.
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 $367,000. JANE STREET GROUP, LLC invested $1,000 in shares of POL during the first quarter. COVESTOR LTD acquired a new stake in POL for approximately ,000. In total, there are 57 active investors with 28.33% ownership of the company’s stock.
Tuesday’s opening bell rang with an opening price of $0.0763 for Polished.com Inc (AMEX: POL). During the past 12 months, Polished.com Inc has had a low of $0.08 and a high of $0.86. The fifty day moving average price for POL is $0.1736 and a two-hundred day moving average price translates $0.4611 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 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.
