With 123.40M Outstanding Shares, Can LuxUrban Hotels Inc (NASDAQ: LUXH) Deliver Big Short-Term Gains?

LuxUrban Hotels Inc (NASDAQ:LUXH) currently has a daily average trading volume of 6.93M but it saw 14992064 shares traded in last market. With a market cap of 6.23M USD, the company’s current market price of $0.05 came falling about -17.21 while comparing to the previous closing price of $0.06. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.88 and as low as $0.06. In the recent trading on the day, stock has struck highest price mark of $0.0505 while lowest mark touched by it was $0.0625.

Taking a look at 20-day trading activity of LuxUrban Hotels Inc (LUXH) gives us an average price of $0.0753, while its current price level is -99.27% below from 52-week high level whereas it is -11.56% 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 $0.0794 while that of 200 days or SMA-200 reads an average of $1.4057. A closer look into the stock’s movement over the week reveals that its volatility is standing at 17.14% during that period while stretching the period over a month that decreases to 14.20%. 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 32.13 which implies that the stock is in neutral territory.

Over the week, LUXH’s stock price is moving -38.26% down while it is -30.34% when we observe its performance for the past one month. Year-to-date it is -99.15% down and over the past year, the stock is showing a downside performance of -99.01%.

Currently, LuxUrban Hotels Inc’s total number of outstanding shares is 123.40M. Company’s return on investment (ROI) stands at -74.64% and return on equity (ROE) at -251.02%. Stock’s beta reads -1.38. Stock has a price to sale or P/S ratio amounts to 0.07. Its return on asset (ROA) is -53.26% on average.