Selina Hospitality PLC. (SLNA): A Technical Analysis

SLNA has 36-month beta value of 0.95. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for SLNA is 65.28M, and currently, short sellers hold a 8.51% ratio of that float. The average trading volume of SLNA on June 17, 2024 was 42.49M shares.

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SLNA) stock’s latest price update

Selina Hospitality PLC. (NASDAQ: SLNA)’s stock price has dropped by -5.19 in relation to previous closing price of 0.08. Nevertheless, the company has seen a gain of 17.79% in its stock price over the last five trading days. businesswire.com reported 2024-06-10 that NEW YORK–(BUSINESS WIRE)–IDB Lab, the innovation lab of the Inter-American Development Bank (IDB) Group, and TechnoArt, the global platform for the growth of technology startups, launched the Miami LAC Gateway, the alliance’s first program specifically designed for Latin American and Caribbean companies to venture into the U.S. market. This was done in partnership with leading regional players including Univision Communications, Delta Airlines, PAG Law, PCGA, Lazo, Miami Exchange, FIU Miami D.

SLNA’s Market Performance

Selina Hospitality PLC. (SLNA) has experienced a 17.79% rise in stock performance for the past week, with a -37.25% drop in the past month, and a -62.72% drop in the past quarter. The volatility ratio for the week is 21.88%, and the volatility levels for the past 30 days are at 32.59% for SLNA. The simple moving average for the last 20 days is -13.61% for SLNA’s stock, with a simple moving average of -67.47% for the last 200 days.

Analysts’ Opinion of SLNA

Many brokerage firms have already submitted their reports for SLNA stocks, with Northland Capital repeating the rating for SLNA by listing it as a “Outperform.” The predicted price for SLNA in the upcoming period, according to Northland Capital is $4.50 based on the research report published on January 18, 2023 of the previous year 2023.

SLNA Trading at 6.60% from the 50-Day Moving Average

After a stumble in the market that brought SLNA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -95.26% of loss for the given period.

Volatility was left at 32.59%, however, over the last 30 days, the volatility rate increased by 21.88%, as shares sank -42.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.00% lower at present.

During the last 5 trading sessions, SLNA rose by +17.79%, which changed the moving average for the period of 200-days by -86.58% in comparison to the 20-day moving average, which settled at $0.0860. In addition, Selina Hospitality PLC. saw -56.88% 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 SLNA starting from Saba Capital Management, L.P., who sale 895,701 shares at the price of $0.06 back on Apr 23 ’24. After this action, Saba Capital Management, L.P. now owns 54,363,581 shares of Selina Hospitality PLC., valued at $49,264 using the latest closing price.

Saba Capital Management, L.P., the 10% Owner of Selina Hospitality PLC., sale 78,670 shares at $0.06 during a trade that took place back on Apr 22 ’24, which means that Saba Capital Management, L.P. is holding 55,259,282 shares at $4,642 based on the most recent closing price.

Stock Fundamentals for SLNA

Current profitability levels for the company are sitting at:

  • -0.29 for the present operating margin
  • 0.45 for the gross margin

The net margin for Selina Hospitality PLC. stands at -0.62. The total capital return value is set at -0.11.

Based on Selina Hospitality PLC. (SLNA), the company’s capital structure generated 1.43 points at debt to capital in total, while cash flow to debt ratio is standing at -0.01. The debt to equity ratio resting at -3.32. The interest coverage ratio of the stock is -2.86.

Currently, EBITDA for the company is -34.98 million with net debt to EBITDA at 258.49. When we switch over and look at the enterprise to sales, we see a ratio of 4.4. The receivables turnover for the company is 11.68for trailing twelve months and the total asset turnover is 0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.31.

Conclusion

To put it simply, Selina Hospitality PLC. (SLNA) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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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