Does Purple Innovation Inc (PRPL) have what it takes to be in your portfolio on Monday? | So Good News
75 rating InvestorsObserver Shares of Purple Innovation Inc (PRPL) place it at the top of the furniture, fixtures and appliances industry. Along with scoring above 97 percent of stocks in the furniture, fixtures and appliances industry, PRPL’s overall rating of 75 means the stock scores better than 75 percent of all stocks.
What do these ratings mean?
Analyzing stocks can be difficult. There are many numbers and ratios, and it can be difficult to remember what they all mean and what is considered “good” for a given value. InvestorsObserver stocks are evaluated on eight different indicators. To make it easier for investors to understand, we rate most of our scores as percentages. A score of 75 means a stock is more attractive than 75 percent of stocks. Our proprietary scoring system incorporates technical factors, fundamental analysis and Wall Street analyst opinion. This will do InvestorsObserver‘s overall rating is a great way to get started, regardless of your investing style. Percentile scores are also easy to understand. A score of 100 is high and 0 is low. You don’t have to try to remember what is “good” for a group of complex odds, just pay attention to which numbers are the highest.
What’s going on with Purple Innovation Inc stock today?
Shares of Purple Innovation Inc (PRPL) rose 0.14% while S&P 500 declined -0.78% as of Monday 31 October 13:08. PRPL traded up $0.01 from its previous closing price of $3.59 on volume of 398,814 shares. In the past year, the S&P 500 has fallen -16.11%, and the PRPL has fallen -81.41%. PRPL has lost $0.59 per share over the past 12 months. Click here for a full stock report for Purple Innovation Inc shares.
Sign up for our Daily Morning Update newsletter and receive must-know market news, movements and more. don’t miss out.