Polished.com Inc. (AMEX: POL) is 3.86% higher on its value in year-to-date trading and has touched a low of $0.42 and a high of $2.17 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The POL stock was last observed hovering at around $0.63 in the last trading session, with the day’s loss setting it -0.03% off its average median price target of $1.00 for the next 12 months. It is also 40.0% off the consensus price target high of $1.00 offered by 1 analysts, but current levels are 40.0% higher than the price target low of $1.00 for the same period.
Currently trading at $0.60, the stock is -13.54% and -9.07% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.59 million and changing -4.76% at the moment leaves the stock -27.80% off its SMA200. POL registered -55.88% loss for a year compared to 6-month gain of -14.33%.
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The stock witnessed a -21.70% loss in the last 1 month and extending the period to 3 months gives it a -22.58%, and is -3.04% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.11% over the week and 8.21% over the month.
Polished.com Inc. (POL) has around 482 employees, a market worth around $60.69M and $501.40M in sales. Current P/E ratio is 3.02 and Fwd P/E is 4.00. Profit margin for the company is 3.40%. Distance from 52-week low is 42.86% and -72.35% from its 52-week high. The company has generated returns on investments over the last 12 months (4.20%).
Polished.com Inc. (POL) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Polished.com Inc. (POL) is a “Hold”. 1 analysts offering their recommendations for the stock have an average rating of 2.50, where 1 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Polished.com Inc. is expected to release its quarterly report on 05/11/2023.The EPS is expected to grow by 102.50% this year
Polished.com Inc. (POL) Top Institutional Holders
The shares outstanding are 106.39M, and float is at 101.33M with Short Float at 8.41%.
Polished.com Inc. (POL) Insider Activity
A total of 1 insider transactions have happened at Polished.com Inc. (POL) in the last six months, with sales accounting for 0 and purchases happening 1 times.