Shares of Arhaus, Inc. (ARHS) are currently trading at $15.47, but analysts appear bullish on the company's future, setting a price target of $17.00 to $18.00 per share. This indicates potential upside of over 10% to 17% from the current price.
Traders tracking NASDAQ:ARHS take note that a massive $12.8 million dark pool block trade was conducted in the premarket at $10.08 today.
This took place over 3 trades within a couple of minutes, all at this price.
Year to date, this trade is at the volume point of control... is this a bet that Arhaus will be breaking upside? Downside?
Or, is it the...
Very nice reaction off of the 9ema this morning. Largest 30-min volume since the gap up on raised revenue guidance.
Started a small position; couldn't justify a full position with the overall market being slightly extended on a short-term basis and showing negative action on the day.
Will look to add over the debut price high of $14 only if the broad market...
$ARHS - Consumer Cyc | Home Improvement
currently flagging for a follow through from its breakout (+23.91%) post ER on 11/8. sitting on VWAP from IPO, rising 10/20 MA with RS.
pivot at $9.50 will clear 6 months high
Luxury Furniture sales are inflation proof
Arhaus IPO leading the group
8,21,50 EMA started trending back up
ZERO Debt
$125 million Cash
sales over $1 billion 2022
Q1 2022 all around better EPS than expected, guidance suggests more upside surprises on the way
stock trading less than 10
price target $26.00
Richards Financial
richardsfinancial.biz
