A Few Bright Spots In LuxUrban Hotels Inc (NASDAQ: LUXH)

LuxUrban Hotels Inc (NASDAQ:LUXH) currently has a daily average trading volume of 3.26M but it saw 5077511 shares traded in last market. With a market cap of 8.77M USD, the company’s current market price of $0.07 came falling about -2.60 while comparing to the previous closing price of $0.07. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.88 and as low as $0.07. In the recent trading on the day, stock has struck highest price mark of $0.0693 while lowest mark touched by it was $0.0748.

Taking a look at 20-day trading activity of LuxUrban Hotels Inc (LUXH) gives us an average price of $0.1038, while its current price level is -98.97% below from 52-week high level whereas it is 7.40% 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 $0.1664 while that of 200 days or SMA-200 reads an average of $2.1936. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.56% during that period while stretching the period over a month that increases to 15.61%. 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 28.70 which implies that the stock is in oversold territory.

Over the week, LUXH’s stock price is moving -2.74% down while it is -52.91% when we observe its performance for the past one month. Year-to-date it is -98.81% down and over the past year, the stock is showing a downside performance of -97.46%.

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. The company is expected to be releasing its next quarterly report on 2024-Aug-22, for which analysts forecasted an EPS of -0.1 while estimate for next year EPS is -0.37. In next quarter, company is expected to be making quarterly sales of $28.05M as analysts are expecting the sales for current fiscal year at $113.2M and seeing the company making $130.75M in sales next year. Moreover, analysts are in estimates of $26.35M for current-quarter revenue.

Currently, LuxUrban Hotels Inc’s total number of outstanding shares is 123.40M with 19.04% of that held by the insiders while 14.23% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -60.55% and return on equity (ROE) at -251.02%. Stock’s beta reads -1.41. Stock has a price to sale or P/S ratio amounts to 0.08. Its return on asset (ROA) is -51.44% on average.