Should Investors Trust The Upside Potential In LuxUrban Hotels Inc (LUXH)?

LuxUrban Hotels Inc (NASDAQ:LUXH) currently has a daily average trading volume of 2.19M but it saw 3484552 shares traded in last market. With a market cap of 11.06M USD, the company’s current market price of $0.15 came rising about 0.07 while comparing to the previous closing price of $0.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.88 and as low as $0.14.

Taking a look at 20-day trading activity of LuxUrban Hotels Inc (LUXH) gives us an average price of $0.1908, while its current price level is -97.80% below from 52-week high level whereas it is 6.41% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.2541 while that of 200 days or SMA-200 reads an average of $2.6078. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.07% during that period while stretching the period over a month that decreases to 12.32%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 30.98 which implies that the stock is in neutral territory.

Over the week, LUXH’s stock price is moving -12.20% down while it is -35.70% when we observe its performance for the past one month. Year-to-date it is -97.47% down and over the past year, the stock is showing a downside performance of -95.26%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.21 beat the consensus estimate of 0.04 for the same. In next quarter, company is expected to be making quarterly sales of $29.8M as analysts are expecting the sales for current fiscal year at $117.93M and seeing the company making $137.6M in sales next year. Moreover, analysts are in estimates of $27.57M for current-quarter revenue.

Currently, LuxUrban Hotels Inc’s total number of outstanding shares is 73.20M. Company’s return on investment (ROI) stands at -42.10% and return on equity (ROE) at -251.02%. It has a 1.04 of forward P/E ratio. Stock’s beta reads -1.28. Stock has a price to sale or P/S ratio amounts to 0.09. Its return on asset (ROA) is -39.05% on average.