Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Purple Innovation Inc’s current trading price is -8.76% away from its 52-week high, while its distance from the 52-week low is 123.21%. The stock’s price range during this period has varied between $0.56 and $1.37. The company, active in the Consumer Cyclical sector, saw a trading volume of around 1.39 million for the day, considerably higher average daily volume of 0.74 million observed over the last three months.
The current stock price for Purple Innovation Inc (PRPL) is $1.25. The stock experienced a significant increase during the last trading session, reaching $5.0 after opening at $1.25. It dipped to a low of $1.0 before ultimately closing at $1.13.
Purple Innovation Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $1.37 on 08/26/24, and the lowest price during the same period was recorded at $0.56 on 04/17/25.
How Financial Performance Impacts Market Capitalization
Purple Innovation Inc (PRPL) has experienced a quarterly rise of 53.36% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 135.30M and boasts a workforce of 1200 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.7830, with a change in price of +0.5018. Similarly, Purple Innovation Inc recorded 782,001 in trading volume during the last 100 days, posting a change of +67.07%.
PRPL Stock Stochastic Average
As of today, the raw stochastic average of Purple Innovation Inc over the last 50 days is at 98.39%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 97.96%. Further, the company’s Stochastic %K and %D values for the last 20 days were 82.65% and 73.66%, respectively.
PRPL Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. The metric has seen a significant gain of 6.84% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 38.81%. Over the past 30 days, the price of PRPL has fallen by 39.54%. And in the last five days, it has surged by 11.61%.
