Figs (FIGS) is a direct-to-consumer healthcare apparel brand with strong technical momentum, trading at a new two-year high. The company is valued at $1.33 billion and offers a variety of healthcare apparel and lifestyle products. Figs has a 100% “Buy” technical rating and has gained 30% over the past year, but it remains speculative and volatile. The stock recently hit a high of $8.24 and has a Weighted Alpha of +60.83. Revenue is projected to grow 2.61% this year, with earnings estimated to increase by 234.10%. Wall Street analysts are split on FIGS, with varying price targets and ratings.
Read more at Yahoo Finance: This Healthcare Stock Just Hit a New 2-Year High
