GPOX Stock Price Prediction: Short-Term Outlook

GPOX Stock Forecast: The outlook is partially positive . The stock is a buy.


GPOX Stock Forecast: Price today

GPOX Stock Forecast: Recent Performance

Stock name 5 days 1 month YTD
GPOX +210.7 % +380.9 % +62.9 %
NASDAQ +4.2% -1.6% -11.6%

GPOX Stock Forecast: Latest News

GPO Plus and CaliGold Distro entered into a new agreement: Recently, GPO Plus announced that Distro+, GPOX’s distribution division, and GPO for specialty retailers have entered into a new agreement with CaliGold Distro to sell and distribute their products. This is considered the second major deal

and achievement by the company after starting DISTRO+.

A new contract with North Equities Corporation: GPO has engaged North Equities Corporation in a 6 months contract to increase awareness and reach of the company’s news and dealings through social media platforms.

The new president of Distro+: The Company has appointed Joseph Jaconi as the new president of Distro+ to improve the distribution process by bringing quality brands and building a national sales team.

GPOX Stock Forecast: Price target

GPOX Stock Forecast: Q2 Results

GPOX released its Quarter 2 (which ended on April 30, 2022) results.

Its total revenue was declared as $0.2 million, which decreased 18.3% compared to the previous year.

Its gross profit was -$0.2 million, compared to $0.2 million in the past quarter, which is a 200% decrease and $0 million in the previous year.

Its operating income (loss) is -$0.5 million, which is a 98.4% decrease year-over-year.

Its total operating expenses are $0.3 million, up 11.25%.

Its net income (loss) is $0.6 million, which is 128% less compared to the previous year.

Its diluted earnings per share (EPS) were -$0.02, down 23.5% y-y.

Its EBITDA was -$0.5 million, down 98.4% y-y.

GPOX Stock Price Prediction: Short-Term Outlook

Trend
Overall Partially Positive
1. Market’s Wisdom Partially Positive
1a. Market Data Neutral
Volume Lower
Performance vs NASDAQ (Last 5 days) Higher
1b. Technical Buy
2. Crowd’s Wisdom Neutral
2aGoogle Search Lower
2b. Social Media Sentiment Higher

GPOX Stock Forecast: Latest Tweet

$GPOX GPO PLUS INC. OTCQB Member Since 03/2021 Outstanding Shares 32,420,382 09/23/2022

GPOX Stock Forecast: Conclusion

The stock price has seen a sudden increase and has been very volatile in the past few months. The company’s financials are weak. The company is facing losses, with negligible profits and negative revenues and net incomes. The new agreements can be seen as any hope for the growth of the company, but at this moment this stock can be considered for short-term trading.

NLY Stock Forecast: Analyst stock price increased by 7%.

Writer

Bommu Vaishnavi

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

[ad_2]

Source link