Evaluating the Impact of 2.88 Increase on LQR House Inc’s (LQR) Stock

The stock of LQR House Inc (LQR) has seen a 10.30% increase in the past week, with a -18.31% drop in the past month, and a -33.13% decrease in the past quarter. The volatility ratio for the week is 8.96%, and the volatility levels for the past 30 days are at 11.09% for LQR. The simple moving average for the past 20 days is -9.15% for LQR’s stock, with a -90.31% simple moving average for the past 200 days.

Is It Worth Investing in LQR House Inc (NASDAQ: LQR) Right Now?

Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

On May 02, 2024, the average trading volume of LQR was 262.91K shares.

LQR) stock’s latest price update

The stock of LQR House Inc (NASDAQ: LQR) has increased by 2.88 when compared to last closing price of 1.04.Despite this, the company has seen a gain of 10.30% in its stock price over the last five trading days. Benzinga reported 2023-11-24 that The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

LQR Trading at -25.04% from the 50-Day Moving Average

After a stumble in the market that brought LQR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.63% of loss for the given period.

Volatility was left at 11.09%, however, over the last 30 days, the volatility rate increased by 8.96%, as shares sank -23.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -47.63% lower at present.

During the last 5 trading sessions, LQR rose by +6.17%, in comparison to the 20-day moving average, which settled at $1.1617. In addition, LQR House Inc saw -57.54% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at LQR starting from Dollinger Sean, who purchase 23,100 shares at the price of $4.60 back on Dec 20 ’23. After this action, Dollinger Sean now owns 2,806,531 shares of LQR House Inc, valued at $106,357 using the latest closing price.

Dollinger Sean, the Chief Executive Officer of LQR House Inc, purchase 753,064 shares at $0.08 during a trade that took place back on Nov 21 ’23, which means that Dollinger Sean is holding 2,781,131 shares at $58,582 based on the most recent closing price.

Stock Fundamentals for LQR

Current profitability levels for the company are sitting at:

  • -13.9 for the present operating margin
  • 0.18 for the gross margin

The net margin for LQR House Inc stands at -14.05. The total capital return value is set at -1.07.

Based on LQR House Inc (LQR), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -924.51. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -91.09.

Currently, EBITDA for the company is -13.49 million with net debt to EBITDA at 0.46. When we switch over and look at the enterprise to sales, we see a ratio of -1.73. The receivables turnover for the company is 6.5for trailing twelve months and the total asset turnover is 0.07.

Conclusion

To sum up, LQR House Inc (LQR) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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