1
The ETSY share price is consistently declining due to a shift in consumer spending.
2
The ETSY stock price has declined by 40.65% in the last six months.
Etsy Inc. is an e-commerce company that generally sells vintage items. By 2022 Etsy had listed more than 100 million items on its platform. The company works in the retail trade sector and the current CEO of the company is Joshua G. Silverman. Etsy was founded in 2005 and headquartered in New York.
The ETSY share is more sensitive to market fluctuations than the average, with a beta of 2.025. The company has a high gross margin of 70.64% but does not distribute any dividends. The average trading volume of the share is 3.30 Million and the market value of the company is $8 Billion. It has been dropping steadily in recent weeks.
The current operating margin of the company is -0.38% and the debt/equity ratio of the share is -514.67%. That makes the ETSY share really bearish and weak on fundamentals. The
We współpracy z: https://www.thecoinrepublic.com/2023/09/21/why-etsy-is-facing-a-huge-sell-off-will-buyers-regain-control/
