1847 Holdings LLC (AMEX: EFSH)’s stock price has plunge by -3.79relation to previous closing price of 0.33. Nevertheless, the company has seen a -10.96% plunge in its stock price over the last five trading sessions. accesswire.com reported 2024-11-19 that Achieves 6.3% Revenue Growth for the First Nine Months of 2024 Compared to 2023 NEW YORK, NY / ACCESSWIRE / November 19, 2024 / 1847 Holdings LLC (“1847” or the “Company”) (NYSE American:EFSH), a holding company specializing in identifying over-looked, deep value investment opportunities in middle market businesses, today provided a business update and reported financial results for the third quarter ended September 30, 2024. Q3 2024 Highlights and Subsequent Events Cash and cash equivalents, and restricted cash of $10.2 million as of September 30, 2024 Disposition of ICU Eyewear; eliminated $4.8 million of net liabilities from the balance sheet Sold High Mountain Door & Trim Inc. (“HMDT”), a division of 1847 Cabinets for approximately $17 million, more than double the original purchase price Completed $11.1 million public offering; eliminated $6.9 million of additional debt from the balance sheet Signed definitive agreement to acquire the previously announced millwork, cabinetry, and door manufacturer based in Las Vegas, Nevada (the “Target”) with unaudited revenue of $33.1 million and net income of $10.4 million for the trailing twelve months ended September 30, 2024.
Is It Worth Investing in 1847 Holdings LLC (AMEX: EFSH) Right Now?
Additionally, the 36-month beta value for EFSH is 0.23.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for EFSH is 16.39M and currently, short sellers hold a 1.07% ratio of that float. The average trading volume of EFSH on December 11, 2024 was 1.91M shares.
EFSH’s Market Performance
EFSH’s stock has seen a -10.96% decrease for the week, with a -84.17% drop in the past month and a -98.85% fall in the past quarter. The volatility ratio for the week is 13.91%, and the volatility levels for the past 30 days are at 21.05% for 1847 Holdings LLC The simple moving average for the past 20 days is -20.46% for EFSH’s stock, with a -99.80% simple moving average for the past 200 days.
EFSH Trading at -97.25% from the 50-Day Moving Average
After a stumble in the market that brought EFSH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.97% of loss for the given period.
Volatility was left at 21.05%, however, over the last 30 days, the volatility rate increased by 13.91%, as shares sank -69.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -98.69% lower at present.
During the last 5 trading sessions, EFSH fell by -7.54%, which changed the moving average for the period of 200-days by -99.94% in comparison to the 20-day moving average, which settled at $0.3968. In addition, 1847 Holdings LLC saw -99.92% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for EFSH
Current profitability levels for the company are sitting at:
- -0.23 for the present operating margin
- 0.28 for the gross margin
The net margin for 1847 Holdings LLC stands at -0.7. The total capital return value is set at 4.68. Equity return is now at value -261.59, with -106.53 for asset returns.
Based on 1847 Holdings LLC (EFSH), the company’s capital structure generated 3.24 points at debt to capital in total, while cash flow to debt ratio is standing at -0.32. The debt to equity ratio resting at -1.45. The interest coverage ratio of the stock is -0.81.
Currently, EBITDA for the company is -16.67 million with net debt to EBITDA at -1.24. When we switch over and look at the enterprise to sales, we see a ratio of 0.8. The receivables turnover for the company is 26.66for trailing twelve months and the total asset turnover is 2.98. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.70.
Conclusion
In conclusion, 1847 Holdings LLC (EFSH) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
