Jul. 4 at 1:58 AM
$SFIX Market Cap:
$482.8M
Stitch Fix, with a market cap of US
$482.80 million, recently joined several Russell Growth Indices, highlighting its visibility in the market. Despite being unprofitable and having a negative return on equity of -27.95%, it maintains a robust cash runway exceeding three years due to positive free cash flow. The company reported third-quarter revenue of US
$325.02 million and reduced its net loss significantly from the previous year. While trading at 79.7% below estimated fair value, Stitch Fix remains debt-free with strong short-term asset coverage over liabilities and stable weekly volatility at 11%. https://finance.yahoo.com/news/3-promising-penny-stocks-market-180541934.html