Polished.com Inc (AMEX:POL) saw a downside of -29.60% to close Tuesday at $0.09 after subtracting -$0.03 on the day. The 5-day average trading volume is 12,134,520 shares of the company’s common stock. It has gained $0.1340 in the past week and touched a new high 2 times within the past 5 days. An average of 4,760,615 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 6,162,030.
POL’s 1-month performance is -29.94% or -$0.0373 on its low of $0.0812 reached on 09/25/23. The company’s shares have touched a 52-week low of $0.08 and high of $0.86, with the stock’s rally to the 52-week high happening on 02/16/23. YTD, POL has lost -84.89% or -$0.4904 and has reached a new high 4 times. However, the current price is down -89.83% from the 52-week high price.
Valuation Metrics
POL stock has a beta of 1.82.
The trailing 12-month EBITDA margin is 8.55%. The firm’s gross profit as reported stood at $89.52 million against revenue of $534.47 million.
Earnings Surprise
For the quarterly period ending March 30 this year, Net income shrunk -232.0% to $1.0 million, while revenue of -$139.24 million was 14024.0% off the previous quarter. Analysts expected POL to announce $0.04 per share in earnings in its latest quarter, but it posted $0.06, representing a 50.00% surprise. EBITDA for the quarter stood at more than $89000.0. POL stock balance sheet for the quarter ending March 30 shows that total liabilities totaled 188.55 million, with total debt at $106.05 million. Shareholders hold equity totaling $105.47 million.
Let’s look briefly at Polished.com Inc (POL) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 26 September was 37.12% to suggest the stock is trending Neutral, with historical volatility in this time period at 264.06%.
The stock’s 5-day moving average is $0.0978, reflecting a -9.72% or -$0.0094 change from its current price. POL is currently trading -28.33% above its 20-day SMA, -80.56% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -83.21% and SMA200 by-88.95%.
Stochastic %K and %D was 33.33% and 24.36% and the average true range (ATR) pointed at 0.0204. The RSI (14) points at 34.63%, while the 14-day stochastic is at 11.55% with the period’s ATR at 0.0222. The stock’s 9-day MACD Oscillator is pointing at -0.0007 and -0.0035 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for POL stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate POL as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 0 have offered a “buy” rating.
What is POL’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $1.00 and a high of $1.00, with their median price target at $1.00. Looking at these predictions, the average price target given by analysts is for Polished.com Inc (POL) stock is $1.00.
