Purple Innovation (NASDAQ:PRPL - Get Free Report) is anticipated to release its earnings data before the market opens on Tuesday, March 11th. Analysts expect Purple Innovation to post earnings of ($0.14) per share and revenue of $129.39 million for the quarter.
Purple Innovation Stock Performance
Purple Innovation stock traded up $0.01 during midday trading on Friday, reaching $0.74. 318,757 shares of the company's stock were exchanged, compared to its average volume of 479,951. The stock's 50-day simple moving average is $0.96 and its 200 day simple moving average is $0.97. The firm has a market cap of $79.68 million, a price-to-earnings ratio of -0.74 and a beta of 2.37. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.67 and a current ratio of 1.30. Purple Innovation has a 52 week low of $0.70 and a 52 week high of $2.27.
Institutional Investors Weigh In On Purple Innovation
An institutional investor recently raised its position in Purple Innovation stock. Bank of America Corp DE grew its stake in Purple Innovation, Inc. (NASDAQ:PRPL - Free Report) by 45.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,984 shares of the company's stock after purchasing an additional 17,406 shares during the quarter. Bank of America Corp DE owned approximately 0.05% of Purple Innovation worth $44,000 as of its most recent SEC filing. 88.41% of the stock is owned by institutional investors.
Purple Innovation Company Profile
(
Get Free Report)
Purple Innovation, Inc designs and manufactures sleep and other products in the United States and internationally. The company offers mattresses, pillows, cushions, bases, sheets, platforms, adjustable bases, mattress protectors, foundations, blankets, duvets, duvet covers, seat cushions, and pet beds under the Purple brand.
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