1847 Goedeker Inc. [AMEX: GOED] traded at a high on 06/04/21, posting a 3.91 gain after which it closed the day’ session at $2.66. The company report on June 3, 2021 that 1847 Goedeker and Appliances Connection Report Strong Start to Q2 with Combined April Written Orders Up 100% to $82.9M and April Revenues Up 140% to $45.2M.
1847 Goedeker Inc. (NYSE American: GOED) (“Goedekers” or the “Company”) and its Appliances Connection business, the largest pure-play online retailer of household appliances in the US, are pleased to report continued strong order and revenue growth in April.
April Written Orders:.
The results of the trading session contributed to over 24655438 shares changing hands. Over the past one week, the price volatility of 1847 Goedeker Inc. stands at 14.58% while the volatility over the past one month is 20.57%.
The market cap for GOED stock reached $264.01 million, with 6.11 million shares outstanding and 5.89 million shares in the current float. Compared to the average trading volume of 4.42M shares, GOED reached a trading volume of 24655438 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about 1847 Goedeker Inc. [GOED]?
The Average True Range (ATR) for 1847 Goedeker Inc. is set at 1.38, with the Price to Sales ratio for GOED stock in the period of the last 12 months amounting to 4.46.
How has GOED stock performed recently?
1847 Goedeker Inc. [GOED] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -56.18. With this latest performance, GOED shares dropped by -49.81% in over the last four-week period, additionally sinking by -57.10% over the last 6 months.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GOED stock in for the last two-week period is set at 34.92, with the RSI for the last a single of trading hit 34.80, and the three-weeks RSI is set at 35.60 for 1847 Goedeker Inc. [GOED]. The present Moving Average for the last 50 days of trading for this stock 6.49, while it was recorded at 2.28 for the last single week of trading, and 8.02 for the last 200 days.
1847 Goedeker Inc. [GOED]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and 1847 Goedeker Inc. [GOED] shares currently have an operating margin of -22.90 and a Gross Margin at +0.25. 1847 Goedeker Inc.’s Net Margin is presently recorded at -39.12.
Receivables Turnover for the company is 28.56 with a Total Asset Turnover recorded at a value of 2.72.1847 Goedeker Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.30 and a Current Ratio set at 0.50.
Insider trade positions for 1847 Goedeker Inc. [GOED]
There are presently around $0 million, or 0.10% of GOED stock, in the hands of institutional investors. The top three institutional holders of GOED stocks are: WELLS FARGO & COMPANY/MN with ownership of 19,130, which is approximately 4600.246% of the company’s market cap and around 64.86% of the total institutional ownership; CITADEL ADVISORS LLC, holding 14,541 shares of the stock with an approximate value of $39000.0 in GOED stocks shares; and SQUAREPOINT OPS LLC, currently with $35000.0 in GOED stock with ownership of nearly New of the company’s market capitalization.
5 institutional holders increased their position in 1847 Goedeker Inc. [AMEX:GOED] by around 57,410 shares. Additionally, 4 investors decreased positions by around 124,193 shares, while 1 investors held positions by with 120,445 shares. The mentioned changes placed institutional holdings at 61,158 shares, according to the latest SEC report filing. GOED stock had 2 new institutional investments in for a total of 27,787 shares, while 3 institutional investors sold positions of 123,939 shares during the same period.