1847 Goedeker Inc (GOED) Stock: What Does the Chart Say Tuesday?

Tuesday, June 28, 2022 11:42 AM | InvestorsObserver Analysts

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1847 Goedeker Inc (GOED) Stock: What Does the Chart Say Tuesday?

The market has been high on 1847 Goedeker Inc (GOED) stock recently. GOED gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

1847 Goedeker Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on GOED!

See Full GOED Report

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With GOED Stock Today?

1847 Goedeker Inc (GOED) stock has gained 1.52% while the S&P 500 has fallen -0.87% as of 11:28 AM on Tuesday, Jun 28. GOED has risen $0.02 from the previous closing price of $1.32 on volume of 1,847,553 shares. Over the past year the S&P 500 is down -9.89% while GOED has fallen -68.02%. GOED earned $0.20 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 6.77.

More About 1847 Goedeker Inc

1847 Goedeker Inc is an e-commerce destination for home furnishings, appliances, furniture, home goods, and related products. It sells various products such as refrigerators, ranges, ovens, dishwashers, microwaves, freezers, washers, and dryers. The firm's brand portfolio consists of Bosch, Whirlpool, GE, Maytag, LG, Samsung, Sharp, and Kitchen Aid, among others. Click Here to get the full Stock Report for 1847 Goedeker Inc stock.