Could Purple Innovation, Inc. (PRPL) See a Reversal After This Very Weak Session?
The stock of Purple Innovation, Inc. (NASDAQ:PRPL) is a huge mover today! The stock decreased 3.12% or $0.25 during the last trading session, reaching $7.75. About 145,536 shares traded. Purple Innovation, Inc. (NASDAQ:PRPL) has declined 8.58% since December 4, 2018 and is downtrending. It has underperformed by 8.58% the S&P500.
The move comes after 7 months negative chart setup for the $404.62 million company. It was reported on Dec, 4 by Barchart.com. We have $7.05 PT which if reached, will make NASDAQ:PRPL worth $36.42 million less.
Analysts await Purple Innovation, Inc. (NASDAQ:PRPL) to report earnings on March, 10. They expect $0.07 EPS, up 158.33 % or $0.19 from last year’s $-0.12 per share. PRPL’s profit will be $3.65M for 27.68 P/E if the $0.07 EPS becomes a reality. After $ ...