ECMOHO Limited (NASDAQ:MOHO) price is hovering lower on Wednesday, September 15, dropping -5.32% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $0.63, with intraday deals fluctuating between $0.62 and $0.67. Taking into account the 52-week price action we note that the stock hit a 52-week high of $3.98 and 52-week low of $0.60. The stock subtracted -7.03% on its value in the past month.
ECMOHO Limited, which has a market valuation of $27.11 million, is expected to release its quarterly earnings report Nov 29, 2021 – Dec 03, 2021. Analysts tracking MOHO have forecast the quarterly EPS to shrink by 0 per share this quarter, while the same analysts predict the annual EPS to hit $0 for the year 2021 and up to $0 for 2021.
On average, analysts have forecast the company’s revenue for the quarter will hit $100.47 million, with the likely lows of $92.71 million and highs of $92.71 million. Staying with the analyst view, there is a consensus estimate of $304.94 million for the company’s annual revenue in 2020.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give MOHO a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 1 analysts have assigned MOHO a recommendation rating as follows: 1 rate it as a Hold; 0 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the ECMOHO Limited (MOHO) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Hold, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.
The overview shows that MOHO’s price is at present -9.20% off the SMA20 and -37.81% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 32.55, with weekly volatility standing at 8.05%. The indicator jumps to 8.16% when calculated based on the past 30 days. ECMOHO Limited (NASDAQ:MOHO)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 0.06. Considering analysts have assigned the stock a price target range of $5.00-$5.00 as the low and high respectively, we find the trailing 12-month average consensus price target to be $5.00. Based on this estimate, we see that today’s price at last check is roughly -733.33% off the estimated low and -733.33% off the forecast high. Investors will no doubt be excited to see the share price fall to $5.00, which is the median consensus price, and at that level MOHO would be -733.33% from recent price.
An analysis of the ECMOHO Limited (NASDAQ:MOHO) stock in terms of its daily trading volume indicates that the 3-month average is 800.26K.
Current records show that the company has 35.54M in outstanding shares. The insiders’ percentage holdings are 26.41% of outstanding shares while the percentage share held by institutions stands at 0.80%. But the -72.02% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.