NAKD Stock Forecast 2022: What to expect?

NAKD Stock Forecast 2022: What to expect?

NAKD Stock Forecast 2022: What’s ahead for NAKD in 2022?

NAKD STOCK FORECAST 2022: STOCK PERFORMANCE DATA

1 Day5 Days1 Month6 Months1 Year
NAKD-12.21%-32.63%-66.93%-67.65%-61.44%

NAKD Stock Forecast 2022: Revenue and Earnings

Summary of NAKD’s latest financials

Revenue$ 52.3 M
Net Income-44.63 M
Cash in Hand$ 65 M
EPS (Basic)$ 0.41

NAKD Stock Forecast 2022: Overview of the Stock Performance

Market Cap$ 695 Million
Enterprise Value $ 417 Million
Average Volume63 Million
52 Week Range $ 3.07-$ 51.00
EPS (ttm)-2.71
PB Ratio2.48
50 Day Moving Average6.89
200 Day Moving Average8.72
Current ratio20.37
Earnings Yield-12.02%

NAKD Stock Forecast 2022: Outlook for 2022

In 2022, Cenntro is planning to deliver 20,000 units of logistar 200, a European-focused delivery van. These deliveries alone will yield a revenue of over $ 500 million dollars. Cenntro is also focussed on launching new models and anticipates explosive growth in the next 2 years with a target of $2.1 Billion revenue.

The company and the investors believe it will get better reports than the current quarter results despite having issues with the debt.

NAKD Stock Forecast 2022: Analyst’s Opinion

Based on Analysts’ estimation of fundamental intrinsic valuation, NAKD Brand’s future price could yield a significant profit. There has been an above-average risk tolerance in Holding NAKD Shares considering the high volatility since the last 90 days, but analysts believe it is still in the merging stage and the company will grow more in the upcoming years.

Analysts predict the NAKD Stock price for the next 12 months with a higher price of $6.32 and lower price of $3.3.

NAKD Stock Forecast 2022: Analyst’s Target Price

The recent consensus of analysts on NAKD is that the share price for the short-term is a downtrend, And the target price would be $2. As of Jan 13, 2022, NAKD is trading at $2.61, The possible nearest targets would be $2.38 and $2.84 as the lowest and highest price targets respectively.

Based on the chart movement (5-15min) and pivot point levels, The intra day price targets if the momentum is in downtrend $2.38, $2.45, $2.3 and if the momentum is in uptrend the price targets are $2.84, $2.91, $3.22

Uptrend and Downtrend Price Targets :

DowntrendUptrend
Daily$2.3 – $2.45$2.91 – $3.22
Weekly$2.81 – $3.4$5.07 – $6.5
Monthly$2.1 – $1.63$7.92 – $10.48

NAKD Stock Forecast 2022: BUY, SELL OR HOLD?

As of 14th January 2022, The stock price is $2.61. The stock is continuing to trade in red for the last 5 days. NAKD has lost its value by about -62.31% over the past month. The stock has broken lower in the short term and has been trending lower. It is rated as Sell at the Moment

Screenshot 2022 01 14 at 10.21.12 AM

NAKD STOCK: MASSIVE SQUEEZE INCOMING?! (2022 Prediction)

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Also read: NAKD Stock Forecast

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NAKD STOCK FORECAST 2022: LATEST EVENTS AND NEWS

As of January 14, 2022, Cenntro electric group had announced the modification of its ticker symbol from NAKD to CENN. It was reported that the company has changed the trading symbol to strengthen the recognition and visibility with the investors and shareholders. The Company’s ordinary shares will be continued to be listed on NASDAQ and the CUSIP number remains unchanged.

In a recent development, the Cenntro Electric Group launched an automated vehicle iChassis at CES 2022, which is a fully digitalized proprietary driving control system designed for the last mile delivery support. The iChassis vehicle category can be operated by the Cenntro smart app. CEO of the Cenntro Group Peter Wang mentioned that the iChassis is a revolutionary in logistic management and municipal services with better efficiency in both time and money.

To avoid delisting, The NAKD company made itself a De-facto special purpose acquisition company(SPAC) at the end of 2021. A SPAC is generally a company with no commercial operations and formed only to raise the capital through an initial public offering. 

As per the press release On December 31, 2021, Naked Brand completely acquired the Cenntro Automotive Group (CAG). The combined company is to be led by the CEO of the cenntro Group peter wang and the Naked’s former chairman Justin-Davis-Rice will be as a board member of the combined company.

-Rakesh Atla

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.

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