Purple Innovation Inc (PRPL) concluded trading on Thursday at a closing price of $0.66, with 3.69 million shares of worth about $2.44 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -32.30% during that period and on March 13, 2025 the price saw a loss of about -5.95%. Currently the company’s common shares owned by public are about 107.52M shares, out of which, 102.94M shares are available for trading.
Stock saw a price change of -9.48% in past 5 days and over the past one month there was a price change of -34.95%. Year-to-date (YTD), PRPL shares are showing a performance of -14.94% which decreased to -66.15% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.67 but also hit the highest price of $2.12 during that period. The average intraday trading volume for Purple Innovation Inc shares is 458.31K. The stock is currently trading -21.68% below its 20-day simple moving average (SMA20), while that difference is down -29.57% for SMA50 and it goes to -34.72% lower than SMA200.
Purple Innovation Inc (NASDAQ: PRPL) currently have 107.52M outstanding shares and institutions hold larger chunk of about 71.12% of that.
The stock has a current market capitalization of $71.47M and its 3Y-monthly beta is at 2.12. It has posted earnings per share of -$1.02 in the same period. It has Quick Ratio of 0.67 while making debt-to-equity ratio of 5.46. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PRPL, volatility over the week remained 9.64% while standing at 7.50% over the month.
Stock’s fiscal year EPS is expected to rise by 43.70% while it is estimated to increase by 64.06% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wedbush on September 04, 2024 offering a Neutral rating for the stock and assigned a target price range of between $1.75 and $1.10 to it. Coverage by ROTH MKM stated Purple Innovation Inc (PRPL) stock as a Buy in their note to investors on March 13, 2024, suggesting a price target of $2.50 for the stock. On November 10, 2022, Craig Hallum Upgrade their recommendations, while on March 02, 2022, UBS Reiterated their ratings for the stock with a price target of $6.50. Stock get a Hold rating from Truist on March 02, 2022.
