How have the shares performed?
1847 Goedeker Inc. (GOED) saw an uptrend of 40.51% in the recent trading with $6.07 being its most recent. The current price level -65.80% lower than the highest price of $17.75 marked by the stock while trading over the past 52-weeks, whereas it is 44.52% higher than the lowest price of $4.20 the company dropped to over past 52-weeks. The latest news story on GOED appeared in Business Wire under the title “1847 Goedeker Announces Pricing of $205 Million Public Offering” on May-27-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -63.91% below one month high and is +44.52% above of the lowest during that time. Looking into the simple moving average, 1847 Goedeker Inc. (GOED)’s stock stands at a SMA-50 of $7.14 while that of 5-day is reading $5.16.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and GOED’s SMA-200 as of now is $8.16.
1847 Goedeker Inc. Earnings – What Happened With GOED
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $13.7 billion.
GOED – 1847 Goedeker Inc. Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 6.11 million. GOED does have institutional investors; and they hold 1.40% of the stock.
1847 Goedeker Inc. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 0 new insider purchases involving 0 shares. On the other hand, GOED declared 0 shares have been sold in 0 insider transactions over the past three months.
As on Mar 30, 2021, Wells Fargo & Company was the top most holder in 1847 Goedeker Inc. (AMEX:GOED) with an ownership of 19130.0 shares of the company or 0.31% of the stake worth $0.17 million. The filing also reveals Citadel Advisors LLC as the second largest holder in the company with a control over 0.24% of the outstanding shares. Its stake is worth $0.13 million for having 14541.0 shares in hand.
Squarepoint Ops LLC also came holding a key position in the company during the recent quarter and it now holds 0.22% of the outstanding shares. With this there are now 10 institutions which have possession in GOED’s shares.
Technical Analysis of 1847 Goedeker Inc. (AMEX:GOED) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for 1847 Goedeker Inc. (GOED), we notice that the stock’s 20-day average volume is at 636,595 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 100% are spotting the stock at Sell with its 50-day average volume of 276,364 shares. And to end, GOED’s 100-day average volume is 207,487 shares with 50% of the long-term indicators pointing towards Sell for the stock.