As of Thursday close, 1847 Holdings LLC’s (AMEX:EFSH) stock was up $0.02, moving up 22.55 percent to $0.12. The average number of shares traded per day over the past five days has been 37,888,180 shares. 2 times new highs have been achieved over the past 5 days, with a $0.0097 gain in that time frame. In the last twenty days, the average volume was 14,088,255, while in the previous 50 days, it was 7,963,312.
Since last month, EFSH stock retreated -41.86%. Shares of the company fell to $0.0920 on 08/30/23, the lowest level in the past month. A 52-week high of $3.70 was reached on 01/17/23 after having rallying from a 52-week low of $0.09. Since the beginning of this year, EFSH’s stock price has dropped by -92.98% or -$1.6550, and marked a new high 3 times. However, the stock has declined by -96.62% since its 52-week high.
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Sponsored
EFSH stock investors should be aware that 1847 Holdings LLC (EFSH) stock had its last reported insider trading activity 9 days ago on Aug 23. Roberts Ellery, the Chairman and CEO of the company, purchased of 40,000 shares for $0.12 on Aug 23. It resulted in a $4,680 investment by the insider. Roberts Ellery added 35,000 shares at an average price of $0.14 on Aug 22. The insider now owns 506,430 shares following the transaction. On Aug 17, 10% Owner Strategic Risk, LLC. bought 73,629 shares at $0.14 apiece. The transaction was valued at $10,080.
Financial Health
In the recent quarter, 1847 Holdings LLC’s quick ratio stood at 0.40, while its current ratio was 0.90, showing that the company is not able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 32.30% percent. In the recent year, EBITDA margin amounted to -6.35%, whereas operating margins totaled -11.20%. Based on annual data, EFSH earned $15.7 million in gross profit and brought in $48.93 million in revenue.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. EFSH’s revenue rose 33.52% to $15.4 million during the quarter, while net income inched up to $19.39 million. During the quarter, the company generated $0.56 million in EBITDA. The liabilities of 1847 Holdings LLC were 57.01 million at the end of its most recent quarter, and its total debt was $35.74 million. The value of shareholders’ equity is $40.69 million.
Technical Picture
This quick technical analysis looks at 1847 Holdings LLC’s (EFSH) price momentum. With a historical volatility rate of 151.31%, the RSI 9-day stood at 43.86% on 31 August.
With respect to its five-day moving average, the current 1847 Holdings LLC price is up by +8.41% percent or $0.0097. At present, EFSH shares trade -42.90% below its 20-day simple moving average and -83.11% percent below its 100-day simple moving average. However, the stock is currently trading approximately -66.21% below its SMA50 and -93.42% below its SMA200.
Stochastic coefficient K was 13.20% and Stochastic coefficient D was 7.86%, while ATR was 0.0262. Given the Stochastic reading of 28.95% for the 14-day period, the RSI (14) reading has been calculated as 37.88%.
Analyst Ratings
1847 Holdings LLC (EFSH) has been rated – by analysts. According to 0 brokerage firms, EFSH is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate 1847 Holdings LLC stock as buy, with 0 recommending it as overweight.
