Mohawk Group Holdings with ticker code (MWK) have now 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 25 and 16 with the average target price sitting at 20.2. Given that the stocks previous close was at 14.18 this now indicates there is a potential upside of 42.5%. The 50 day moving average now sits at 9 while the 200 day moving average is 7.73. The company has a market cap of $424m. Company Website: http://www.mohawkgp.com
The potential market cap would be $604m based on the market concensus.
Mohawk Group Holdings, together with its subsidiaries, operates as a technology-enabled consumer products company in the United States and internationally. The company provides home and kitchen appliances; kitchenware; environmental appliances, such as dehumidifiers and air conditioners; beauty related products; and consumer electronics under the hOmeLabs, Vremi, Xtava, and RIF6 brands. It primarily serves individual online consumers through Amazon and other e-commerce platforms, as well as through its owned and operated websites and other marketplaces. The company was founded in 2014 and is headquartered in New York, New York.
