Polished.com Inc. (AMEX:POL) finished Thursday with a subtraction of $0.0 to close at $0.12, a downside of -2.83 percent. An average of 1,440,397 shares of common stock have been traded in the last five days. There was a fall of -$0.0200 in the past week, and it reached a new high 5 times over the past 12 months. The last 20 days have seen an average of 10,333,064 shares traded, while the 50-day average volume stands at 4,376,150.
POL stock has decreased by -78.57% in the last month. The company shares reached their 1-month lowest point of $0.1123 on 08/16/23. With the stock rallying to its 52-week high on 02/16/23, shares of the company touched a low of $0.11 and a high of $0.86 in 52 weeks. It has reached a new high 4 times so far this year and lost -79.19% or -$0.4577 in price. In spite of this, the price is down -85.99% from the 52-week high.
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Valuation Metrics
Polished.com Inc. (POL) stock’s beta is 2.01. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.02, the price-to-book (PB) ratio at 0.21.
Financial Health
The quick ratio of Polished.com Inc. for the three months ended March 30 was 0.80, and the current ratio was 1.20, indicating that the company is not able to meet its debt obligations. Polished.com Inc.’s EBITDA margin for the year ending March 30 is 8.55%. Its gross profit as reported stood at $89.52 million compared to revenue of $534.47 million.
Earnings Surprise
The analyst consensus anticipated Polished.com Inc.’s latest quarter earnings to come in at $0.04 per share, but it turned out to be $0.06, a 50.00% surprise. For the quarter, EBITDA amounted to $89000.0. Shareholders own equity worth $105.47 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Polished.com Inc. (POL) price momentum. RSI 9-day as of the close on 24 August was 23.57%, suggesting the stock is oversold, with historical volatility in this time frame at 114.18%.
As of today, POL’s price is $0.1273 -14.29% or -$0.0200 from its 5-day moving average. POL is currently trading -80.65% lower than its 20-day SMA and -75.65% lower than its 100-day SMA. However, the stock’s current price level is -73.91% below the SMA50 and -75.00% below the SMA200.
The stochastic %K and %D were 10.27% and 11.21%, respectively, and the average true range (ATR) was 0.0318. With the 14-day stochastic at 9.91% and the average true range at 0.0391, the RSI (14) stands at 27.63%. The stock has reached -0.0065 on the 9-day MACD Oscillator while the 14-day reading was at -0.0220.
What is POL’s price target for the next 12 months?
Analysts predict a range of price targets between $1.00 and $1.00, with a median target of $1.00. Taking a look at these predictions, the average price target given by analysts for Polished.com Inc. (POL) stock is $1.00.
