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Should You Buy Purple Innovation Inc (PRPL) Stock Monday Morning?

Monday, October 09, 2023 08:26 AM | InvestorsObserver Analysts

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Should You Buy Purple Innovation Inc (PRPL) Stock Monday Morning?

Purple Innovation Inc (PRPL) is up 2.86% today.

Overall Score - 43
PRPL has an Overall Score of 43. Find out what this means to you and get the rest of the rankings on PRPL!
PRPL stock closed at $1.40 and is up $0.04 during pre-market trading. Pre-market tends to be more volatile due to significantly lower volume as most investors only trade between standard trading hours. PRPL has a roughly average overall score of 43 meaning the stock holds a better value than 43% of stocks at its current price. InvestorsObserver's overall ranking system is a comprehensive evaluation and considers both technical and fundamental factors when evaluating a stock. The overall score is a great starting point for investors that are beginning to evaluate a stock. PRPL gets a average Short-Term Technical score of 60 from InvestorsObserver's proprietary ranking system. This means that the stock's trading pattern over the last month have been neutral. Purple Innovation Inc currently has the 67th highest Short-Term Technical score in the Furnishings, Fixtures & Appliances industry. The Short-Term Technical score evaluates a stock's trading pattern over the past month and is most useful to short-term stock and option traders.
Purple Innovation Inc's Overall and Short-Term Technical score paint a mixed picture for PRPL's recent trading patterns and forecasted price. Click Here To Get The Full Report on Purple Innovation Inc (PRPL)

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