1847 Holdings LLC (AMEX:EFSH) finished Wednesday with a subtraction of $0.0 to close at $0.19, an upside of 3.16 percent. An average of 2,437,080 shares of common stock have been traded in the last five days. There was a fall of -$0.0221 in the past week, and it reached a new high 1 time over the past 12 months. The last 20 days have seen an average of 4,674,960 shares traded, while the 50-day average volume stands at 2,594,442.
EFSH stock has decreased by -14.83% in the last month. The company shares reached their 1-month lowest point of $0.1721 on 07/20/23. With the stock rallying to its 52-week high on 01/17/23, shares of the company touched a low of $0.17 and a high of $4.12 in 52 weeks. It has reached a new high 3 times so far this year and lost -89.16% or -$1.5871 in price. In spite of this, the price is down -95.32% from the 52-week high.
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Financial Health
The quick ratio of 1847 Holdings LLC for the recent quarter was 0.40, and the current ratio was 1.00, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 10.28 and a total debt to equity ratio of 13.28 for the recent quarter. 1847 Holdings LLC’s EBITDA margin is -6.35%, while its operating margin for the same period stands at -10.30%. Its gross profit as reported stood at $15.7 million compared to revenue of $48.93 million.
Earnings Surprise
For the recent quarter, 1847 Holdings LLC had $0.19 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$0.89 million in the quarter, while revenues of -$14.98 million were grew 2.25%. Shareholders own equity worth $5.08 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at 1847 Holdings LLC (EFSH) price momentum. RSI 9-day as of the close on 09 August was 36.80%, suggesting the stock is Neutral, with historical volatility in this time frame at 96.93%.
As of today, EFSH’s price is $0.2002 -10.28% or -$0.0221 from its 5-day moving average. EFSH is currently trading -24.35% lower than its 20-day SMA and -82.14% lower than its 100-day SMA. However, the stock’s current price level is -49.24% below the SMA50 and -89.85% below the SMA200.
The stochastic %K and %D were 27.10% and 42.34%, respectively, and the average true range (ATR) was 0.0225. With the 14-day stochastic at 28.10% and the average true range at 0.0290, the RSI (14) stands at 36.08%. The stock has reached -0.0186 on the 9-day MACD Oscillator while the 14-day reading was at -0.0149.
