The stock of 1847 Holdings LLC (AMEX:EFSH) decreased by -$0.01 on Monday to finish at $0.11, down -5.52 percent. The last five days have seen an average of 7,067,700 shares of common stock traded. 3 times new highs were reached in the current year, with a fall of -$1.6704. The average number of shares traded over the last 20 days was 5,367,525, while the average volume over the last 50 days totaled 4,337,224.
EFSH stock dropped -46.01% since last month. On 08/21/23, the company’s shares reached a one-month low of $0.1055. The stock touched a high of $3.70 on 01/17/23, after rallying from a low of $0.11 in 52 weeks. The price of EFSH stock has declined by -93.84% or -$1.6704 this year, reaching a new high 3 times. Still, the stock price is down -97.04% from the 52-week high.
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Insider Transactions
EFSH stock investors should be aware that 1847 Holdings LLC (EFSH) stock had its last reported insider trading activity 6 days ago on Aug 23. On Aug 23, Chairman and CEO Roberts Ellery acquired 40,000 shares at $0.12 each. This transaction resulted in the insider spending $4,680. On Aug 22, Roberts Ellery added 35,000 shares at a price of US$0.14. After the transaction, the insider now owns 506,430 shares. 10% Owner Strategic Risk, LLC. had earlier bought 73,629 shares on Aug 17 for $0.14 a share. The transaction was completed for $10,080.
Financial Health
For the recent quarter, 1847 Holdings LLC’s quick ratio was 0.40, while its current ratio was 0.90, indicating its inability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 32.30% percent. 1847 Holdings LLC’s EBITDA margin for the recent year was -6.35%, whereas its operating margin stood at -11.20% for the same period. Based on annual data, it had gross profit of $15.7 million and revenue of $48.93 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. EFSH’s return on assets (ROA) during the last 12 months has been -45.70%. There was a -23.40% return on investment (ROI) in the past year.
Earnings Surprise
A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $19.39 million, while revenues rose by 33.52% to $15.4 million. EBITDA was $0.56 million for the quarter. At the end of 1847 Holdings LLC’s most recent quarter, its liabilities totaled 57.01 million, while its total debt was $35.74 million. Equity owned by shareholders amounts to $40.69 million.
Technical Picture
Here’s a quick look at 1847 Holdings LLC’s (EFSH) price momentum from a technical perspective. As of 28 August, the RSI 9-day stood at 22.90%, suggesting the stock is oversold, with a 90.11% historical volatility rate.
The stochastic %K and %D were 7.92% and 9.68% respectively, while the average true range (ATR) was 0.0203. Based on the 14-day stochastic reading of 4.08%, the RSI (14) reading is 26.23%. On the 9-day MACD Oscillator, the stock is at -0.0079, and the 14-day reading is at -0.0259.
Analyst Ratings
Analysts have assigned 1847 Holdings LLC (EFSH) an – rating. EFSH is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 0 others recommend it as a buy.
