Additionally, the 36-month beta value for LUXH is -1.42. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for LUXH is 38.24M and currently, short sellers hold a 3.77% ratio of that float. The average trading volume of LUXH on June 28, 2024 was 1.54M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
LUXH) stock’s latest price update
LuxUrban Hotels Inc (NASDAQ: LUXH)’s stock price has decreased by -0.84 compared to its previous closing price of 0.24. However, the company has seen a -6.05% decrease in its stock price over the last five trading sessions. globenewswire.com reported 2024-06-27 that MIAMI, June 27, 2024 (GLOBE NEWSWIRE) — LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) (Nasdaq: LUXH), a hospitality company which leases entire existing hotels on a long-term basis and rents rooms in its hotels to business and vacation travelers, today announced the appointment of Patrick McNamee as an independent member of the Company’s Board of Directors (“Board”), effective June 27, 2024. The Company also announced that Brian Ferdinand has resigned from the Board.
LUXH’s Market Performance
LuxUrban Hotels Inc (LUXH) has experienced a -6.05% fall in stock performance for the past week, with a -27.38% drop in the past month, and a -82.90% drop in the past quarter. The volatility ratio for the week is 9.71%, and the volatility levels for the past 30 days are at 12.40% for LUXH. The simple moving average for the past 20 days is -6.71% for LUXH’s stock, with a -92.09% simple moving average for the past 200 days.
LUXH Trading at -53.52% from the 50-Day Moving Average
After a stumble in the market that brought LUXH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -96.57% of loss for the given period.
Volatility was left at 12.40%, however, over the last 30 days, the volatility rate increased by 9.71%, as shares sank -24.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -77.94% lower at present.
During the last 5 trading sessions, LUXH fell by -6.05%, which changed the moving average for the period of 200-days by -93.59% in comparison to the 20-day moving average, which settled at $0.2491. In addition, LuxUrban Hotels Inc saw -96.05% 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 LUXH starting from Ferdinand Brian, who sale 104,703 shares at the price of $0.23 back on Jun 14 ’24. After this action, Ferdinand Brian now owns 8,964,975 shares of LuxUrban Hotels Inc, valued at $24,071 using the latest closing price.
Ferdinand Brian, the Director of LuxUrban Hotels Inc, sale 709,421 shares at $0.39 during a trade that took place back on Jun 13 ’24, which means that Ferdinand Brian is holding 0 shares at $278,155 based on the most recent closing price.
Stock Fundamentals for LUXH
Current profitability levels for the company are sitting at:
- -0.24 for the present operating margin
- -0.01 for the gross margin
The net margin for LuxUrban Hotels Inc stands at -0.77. The total capital return value is set at -0.13. Equity return is now at value -251.02, with -39.05 for asset returns.
Based on LuxUrban Hotels Inc (LUXH), the company’s capital structure generated -2.37 points at debt to capital in total, while cash flow to debt ratio is standing at -3.2. The debt to equity ratio resting at -0.7. The interest coverage ratio of the stock is -3.49.
Currently, EBITDA for the company is -18.21 million with net debt to EBITDA at -4.18. When we switch over and look at the enterprise to sales, we see a ratio of 2.15. The receivables turnover for the company is 9.03for trailing twelve months and the total asset turnover is 0.43. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.39.
Conclusion
In conclusion, LuxUrban Hotels Inc (LUXH) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
