1847 Holdings LLC (AMEX: EFSH) Has Great Upside Potential

AMAT

1847 Holdings LLC (AMEX:EFSH) shares, rose in value, with the stock price up by 2.00% to the previous day’s close as strong demand from buyers drove the stock to $0.23.

Actively observing the price movement in the recent trading, the stock is buoying the session at $0.23, falling within a range of $0.2271 and $0.2391. The value of beta (5-year monthly) is 0.488. Referring to stock’s 52-week performance, its high was $820.95, and the low was $0.20. On the whole, EFSH has fluctuated by 2.00% over the past month.

With the market capitalization of 1847 Holdings LLC currently standing at about $3.86 million, investors are eagerly awaiting this quarter’s results, scheduled for in February.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EFSH’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.

The stock’s technical analysis shows that the price of EFSH currently trading nearly -5.40% and -34.28% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.78, while the 7-day volatility ratio is showing 9.11% which for the 30-day chart, stands at 15.23%. Furthermore, 1847 Holdings LLC (EFSH)’s beta value is 0.26, and its average true range (ATR) is 0.29.

A comparison of 1847 Holdings LLC (EFSH) with its peers suggests the former has fared considerably weaker in the market. EFSH showed an intraday change of 2.00% in today’s session so far, and over the past year, it shrunk by -99.94%%.

Data on historical trading for 1847 Holdings LLC (AMEX:EFSH) indicates that the trading volumes over the past 10 days have averaged 1.35 and over the past 3 months, they’ve averaged 3.54 million. According to company’s latest data on outstanding shares, there are 16.43 million shares outstanding.

Nearly 0.01% of 1847 Holdings LLC’s shares belong to company insiders and institutional investors own 0.70% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 7029.0 shares as on 2024-10-31, resulting in a short ratio of 0.01. According to the data, the short interest in 1847 Holdings LLC (EFSH) stood at 121.00 of shares outstanding as of 2024-10-31; the number of short shares registered in 2024-09-30 reached 3391.0. The stock has fallen by -7.57% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EFSH stock heading into the next quarter.

Most Popular