1847 Stock Set to Reverse Split on Monday, July 8th (OTCMKTS:EFSH)

Shares of 1847 Holdings LLC (OTCMKTS:EFSHFree Report) are set to reverse split on the morning of Monday, July 8th. The 1-13 reverse split was announced on Monday, July 8th. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, July 8th.

1847 Trading Down 18.1 %

Shares of OTCMKTS EFSH opened at $0.28 on Friday. The company has a quick ratio of 0.25, a current ratio of 0.48 and a debt-to-equity ratio of 14.37. 1847 has a 1-year low of $0.26 and a 1-year high of $44.30. The business has a 50-day moving average of $1.35 and a 200-day moving average of $1.70.

1847 (OTCMKTS:EFSHGet Free Report) last released its quarterly earnings results on Thursday, May 16th. The company reported ($4.69) EPS for the quarter. 1847 had a negative return on equity of 1,352.73% and a negative net margin of 58.78%. The business had revenue of $14.91 million during the quarter.

About 1847

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1847 Holdings LLC engages in the acquisition and management of small businesses in different industries. It operates through the following segments: Retail and Appliances, Construction, and Automotive Supplies. The Retail and Appliances segment provides a wide variety of appliance services including sales, delivery, installation, service and repair, extended warranties, and financing.

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