Let’s start up with the current stock price of Poshmark Inc. (POSH), which is $42.76 to be very precise. The Stock rose vividly during the last session to $42.30 after opening rate of $41.55 while the lowest price it went was recorded $40.39 before closing at $41.95.
Recently in News on July 13, 2021, Poshmark, Inc. Announces Date For Second Quarter 2021 Earnings Release And Conference Call. Poshmark, Inc. (Nasdaq: POSH), a leading social marketplace for new and secondhand style for women, men, kids, pets, home and more, today announced it will release its second quarter 2021 financial results on Tuesday, Aug. 10, 2021, after market close. Poshmark will also host a conference call and earnings webcast at 1:45 p.m. Pacific Time (4:45 p.m. Eastern Time) on the same day to discuss the results. The call will be hosted by Manish Chandra, Founder and CEO and Anan Kashyap, CFO. You can read further details here
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Poshmark Inc. shares are logging -59.27% during the 52-week period from high price, and 28.68% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $33.23 and $104.98.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 605059 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Poshmark Inc. (POSH) recorded performance in the market was -58.67%, having the revenues showcasing 3.94% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 3.17B, as it employees total of 558 workers.
Analysts verdict on Poshmark Inc. (POSH)
During the last month, 0 analysts gave the Poshmark Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 43.40, with a change in the price was noted -20.65. In a similar fashion, Poshmark Inc. posted a movement of -32.66% for the period of last 100 days, recording 790,030 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for POSH is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Poshmark Inc. (POSH): Technical Analysis
Raw Stochastic average of Poshmark Inc. in the period of last 50 days is set at 48.72%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 49.51%. In the last 20 days, the company’s Stochastic %K was 45.07% and its Stochastic %D was recorded 38.35%.
Let’s take a glance in the erstwhile performances of Poshmark Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -58.67%. The shares increased approximately by 10.34% in the 7-day charts and went up by -8.74% in the period of the last 30 days. Common stock shares were driven by 3.94% during last recorded quarter.