A new trading day began on Friday, with LuxUrban Hotels Inc (NASDAQ: LUXH) stock price down -4.38% from the previous day of trading, before settling in for the closing price of $0.05. LUXH’s price has ranged from $0.05 to $6.88 over the past 52 weeks.
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Consumer Cyclical Sector giant saw their annual sales surged by 118.60% over the last five years. With a float of $99.18 million, this company’s outstanding shares have now reached $123.40 million.
The firm has a total of 509 workers. Let’s measure their productivity. In terms of profitability, gross margin is -31.54%, operating margin of -56.74%, and the pretax margin is -89.01%.
LuxUrban Hotels Inc (LUXH) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Lodging Industry. The insider ownership of LuxUrban Hotels Inc is 19.63%, while institutional ownership is 13.87%. The most recent insider transaction that took place on Jul 18 ’24, was worth 20,000. In this transaction Director of this company bought 117,647 shares at a rate of $0.17, taking the stock ownership to the 238,345 shares. Before that another transaction happened on Jul 15 ’24, when Company’s Chief Executive Officer bought 176,470 for $0.17, making the entire transaction worth $30,000. This insider now owns 926,470 shares in total.
LuxUrban Hotels Inc (LUXH) Earnings and Forecasts
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.12 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.04 per share during the current fiscal year.
For the long-term projections, market analysts anticipate that the company’s EPS will surge by 30.00% during the next five years compared to -227.20% drop over the previous five years of trading.
LuxUrban Hotels Inc (NASDAQ: LUXH) Trading Performance Indicators
Here are LuxUrban Hotels Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.54, a number that is poised to hit 0.20 in the next quarter
Technical Analysis of LuxUrban Hotels Inc (LUXH)
Analysing the last 5-days average volume posted by the [LuxUrban Hotels Inc, LUXH], we can find that recorded value of 24.29 million was better than the volume posted last year of 4.91 million. As of the previous 9 days, the stock’s Stochastic %D was 26.52%. Additionally, its Average True Range was 0.01.
During the past 100 days, LuxUrban Hotels Inc’s (LUXH) raw stochastic average was set at 0.79%, which indicates a significant decrease from 5.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 150.34% in the past 14 days, which was higher than the 126.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.0704, while its 200-day Moving Average is $1.0812. Now, the first resistance to watch is $0.0541. This is followed by the second major resistance level at $0.0559. The third major resistance level sits at $0.0569. If the price goes on to break the first support level at $0.0513, it is likely to go to the next support level at $0.0503. Should the price break the second support level, the third support level stands at $0.0485.
LuxUrban Hotels Inc (NASDAQ: LUXH) Key Stats
With a market capitalization of 6.47 million, the company has a total of 44,539K Shares Outstanding. Currently, annual sales are 113,400 K while annual income is -78,520 K. The company’s previous quarter sales were 18,190 K while its latest quarter income was -26,590 K.
