LuxUrban Hotels Inc (NASDAQ: LUXH) – Time For Strategy Change?

LuxUrban Hotels Inc (NASDAQ:LUXH) currently has a daily average trading volume of 2.45M but it saw 2617511 shares traded in last market. With a market cap of 15.11M USD, the company’s current market price of $0.14 came falling about -3.45 while comparing to the previous closing price of $0.14. 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 $0.1715, while its current price level is -97.97% below from 52-week high level whereas it is -1.41% 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 $0.2256 while that of 200 days or SMA-200 reads an average of $2.4942. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.17% during that period while stretching the period over a month that decreases to 14.02%. 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 34.56 which implies that the stock is in neutral territory.

Over the week, LUXH’s stock price is moving -7.35% down while it is -36.94% when we observe its performance for the past one month. Year-to-date it is -97.65% down and over the past year, the stock is showing a downside performance of -95.33%.

Currently, LuxUrban Hotels Inc’s total number of outstanding shares is 107.94M. Company’s return on investment (ROI) stands at -42.10% and return on equity (ROE) at -251.02%. It has a 1.31 of forward P/E ratio. Stock’s beta reads -1.39. Stock has a price to sale or P/S ratio amounts to 0.13. Its return on asset (ROA) is -39.05% on average.