Market Recap: 1847 Holdings LLC (EFSH)’s Negative Momentum, Closing at 1.60

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The closing price of 1847 Holdings LLC (AMEX: EFSH) was $1.60 for the day, down -29.82% from the previous closing price of $2.28. In other words, the price has decreased by -$29.82 from its previous closing price. On the day, 0.82 million shares were traded. EFSH stock price reached its highest trading level at $2.49 during the session, while it also had its lowest trading level at $1.5101.

Ratios:

Our analysis of EFSH’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.35 and its Current Ratio is at 0.67.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 07 ’23 when Roberts Ellery bought 70,000 shares for $0.07 per share. The transaction valued at 4,945 led to the insider holds 616,430 shares of the business.

Roberts Ellery bought 40,000 shares of EFSH for $4,680 on Aug 23 ’23. The Chairman and CEO now owns 546,430 shares after completing the transaction at $0.12 per share. On Aug 22 ’23, another insider, Roberts Ellery, who serves as the Chairman and CEO of the company, bought 35,000 shares for $0.14 each. As a result, the insider paid 4,795 and bolstered with 506,430 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EFSH now has a Market Capitalization of 8468560 and an Enterprise Value of 45037932. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12. Its current Enterprise Value per Revenue stands at 0.656 whereas that against EBITDA is -14.784.

Stock Price History:

Over the past 52 weeks, EFSH has reached a high of $169.00, while it has fallen to a 52-week low of $1.05. The 50-Day Moving Average of the stock is -29.40%, while the 200-Day Moving Average is calculated to be -64.32%.

Shares Statistics:

EFSH traded an average of 259.37K shares per day over the past three months and 309960 shares per day over the past ten days. A total of 5.29M shares are outstanding, with a floating share count of 4.80M. Insiders hold about 9.33% of the company’s shares, while institutions hold 0.27% stake in the company. Shares short for EFSH as of 1714435200 were 99018 with a Short Ratio of 0.38, compared to 1711584000 on 151619. Therefore, it implies a Short% of Shares Outstanding of 99018 and a Short% of Float of 1.95.

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