With 2.26M 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 811.63K but it saw 3507547 shares traded in last market. With a market cap of 2.28M USD, the company’s current market price of $1.01 came rising about 18.82 while comparing to the previous closing price of $0.85. In past 52 weeks, the stock remained buoying in the range of price level as high as $481.60 and as low as $0.53. In the recent trading on the day, stock has struck highest price mark of $0.6925 while lowest mark touched by it was $1.12.

Taking a look at 20-day trading activity of LuxUrban Hotels Inc (LUXH) gives us an average price of $1.0004, while its current price level is -99.79% below from 52-week high level whereas it is 90.57% 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 $2.4096 while that of 200 days or SMA-200 reads an average of $30.1551. A closer look into the stock’s movement over the week reveals that its volatility is standing at 76.34% during that period while stretching the period over a month that decreases to 30.95%. 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 38.20 which implies that the stock is in neutral territory.

Over the week, LUXH’s stock price is moving 40.32% up while it is -52.69% when we observe its performance for the past one month. Year-to-date it is -99.76% down and over the past year, the stock is showing a downside performance of -99.68%.

Currently, LuxUrban Hotels Inc’s total number of outstanding shares is 2.26M. Company’s return on equity (ROE) at 509.40%. Stock’s beta reads -1.47. Stock has a price to sale or P/S ratio amounts to 0.03. Its return on asset (ROA) is -62.70% on average.