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Should Purple Innovation Inc (PRPL) Stock be in Your Portfolio?

Monday, September 28, 2020 02:35 PM | InvestorsObserver Analysts

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Should Purple Innovation Inc (PRPL) Stock be in Your Portfolio?

Purple Innovation Inc (PRPL) stock is up 231.47% over the last 12 months, and the average rating from Wall Street analysts is a Strong Buy. InvestorsObserver’s proprietary ranking system, gives PRPL stock a score of 74 out of a possible 100.

That rank is primarily influenced by a long-term technical score of 99. PRPL's rank also includes a short-term technical score of 82. The fundamental score for PRPL is 42. In addition to the average rating from Wall Street analysts, PRPL stock has a mean target price of 27.5. This means analysts expect the stock to gain 10.18% over the next 12 months.

Overall Score - 74
PRPL has an Overall Score of 74. Find out what this means to you and get the rest of the rankings on PRPL!

What's Happening with PRPL Stock Today

Purple Innovation Inc (PRPL) stock is higher by 2% while the S&P 500 is up 1.58% as of 2:33 PM on Monday, Sep 28. PRPL is up $0.49 from the previous closing price of $24.47 on volume of 832,229 shares. Over the past year the S&P 500 is higher by 12.56% while PRPL is up 231.47%. PRPL earned $0.15 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 170.25.

Click Here to get the full Stock Score Report on Purple Innovation Inc (PRPL) Stock.

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