Polished.com Inc (AMEX:POL) finished Friday with a subtraction of $0.0 to close at $0.08, an upside of 2.80 percent. An average of 15,787,220 shares of common stock have been traded in the last five days. There was a fall of -$0.0078 in the past week, and it reached a new high 11 times over the past 12 months. The last 20 days have seen an average of 5,826,190 shares traded, while the 50-day average volume stands at 6,728,138.
POL stock has decreased by -40.49% in the last month. The company shares reached their 1-month lowest point of $0.0780 on 09/28/23. With the stock rallying to its 52-week high on 02/16/23, shares of the company touched a low of $0.08 and a high of $0.86 in 52 weeks. It has reached a new high 4 times so far this year and lost -86.03% or -$0.4970 in price. In spite of this, the price is down -90.60% from the 52-week high.
Top 5 AI Stocks to Buy for 2023
The artificial intelligence (AI) revolution is already here. And it's about to change everything we know about everything.
According to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. And investors like you always want to get in on the hottest stocks of tomorrow. Here are five of the best ways to profit from the AI boom.
Click Here to Download the FREE Report.
Sponsored
Financial Health
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
For the three-month period that ended March 30, Polished.com Inc had $87.07 million in total debt. The company posted a net income of $1.0 million in the quarter, while revenues of -$139.24 million were shrunk -232.0%. 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 29 September was 35.50%, suggesting the stock is Neutral, with historical volatility in this time frame at 263.63%.
As of today, POL’s price is $0.0906 -8.81% or -$0.0078 from its 5-day moving average. POL is currently trading -42.77% lower than its 20-day SMA and -82.37% lower than its 100-day SMA. However, the stock’s current price level is -84.21% below the SMA50 and -89.59% below the SMA200.
The stochastic %K and %D were 2.85% and 13.26%, respectively, and the average true range (ATR) was 0.0165. With the 14-day stochastic at 4.82% and the average true range at 0.0192, the RSI (14) stands at 33.74%. The stock has reached -0.0113 on the 9-day MACD Oscillator while the 14-day reading was at -0.0168.
Analyst Ratings
The consensus rating for Polished.com Inc (POL) among analysts is Hold. According to current brokerage recommendations, 0 brokerage firms advise that investors sell POL, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 0 others rate it as a “buy”.
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.
