Spotting A Winner: La Rosa Holdings Corp (NASDAQ: LRHC) Retreats -7.96 And It Still Have Room To Run

money audit

La Rosa Holdings Corp (NASDAQ:LRHC) currently has a daily average trading volume of 3.09M but it saw 6042765 shares traded in last market. With a market cap of 17.37M USD, the company’s current market price of $1.04 came falling about -7.96 while comparing to the previous closing price of $1.13. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.50 and as low as $0.47. In the recent trading on the day, stock has struck highest price mark of $0.86 while lowest mark touched by it was $1.08.

Taking a look at 20-day trading activity of La Rosa Holdings Corp (LRHC) gives us an average price of $0.6170, while its current price level is -81.09% below from 52-week high level whereas it is 121.23% 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 $0.7909 while that of 200 days or SMA-200 reads an average of $1.3586. A closer look into the stock’s movement over the week reveals that its volatility is standing at 36.18% during that period while stretching the period over a month that decreases to 14.57%. 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 70.32 which implies that the stock is in overbought territory.

Over the week, LRHC’s stock price is moving 104.32% up while it is 54.90% when we observe its performance for the past one month. Year-to-date it is -30.67% down and over the past year, the stock is showing a downside performance of -55.56%.

Currently, La Rosa Holdings Corp’s total number of outstanding shares is 13.41M. Company’s return on investment (ROI) stands at -250.58% and return on equity (ROE) at -730.25%. Stock’s beta reads 2.07. Stock has a price to book (P/B) ratio of 3.36 while price to sale or P/S ratio amounts to 0.34. Its return on asset (ROA) is -115.96% on average.