LuxUrban Hotels Inc (NASDAQ: LUXH)’s stock price has plunge by 2.13relation to previous closing price of 0.06. Nevertheless, the company has seen a 0.88% surge in its stock price over the last five trading sessions. seekingalpha.com reported 2024-09-25 that LuxUrban Hotels Inc. (NASDAQ:LUXH ) Q2 2024 Results Conference Call September 25, 2024 5:00 PM ET Company Participants Adam Holdsworth – PCG Advisory Robert Arigo – Chief Executive Officer Mike James – Chief Financial Officer Conference Call Participants Jon Old – Long Meadow Investors Allen Klee – Maxim Group LLC Mike Wells – Private Investor Operator Good day, and welcome to the LuxUrban Hotels 2024 Second Quarter Conference Call. All participants will be in a listen-only mode.
Is It Worth Investing in LuxUrban Hotels Inc (NASDAQ: LUXH) Right Now?
Additionally, the 36-month beta value for LUXH is -1.44. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
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The public float for LUXH is 99.18M and currently, short sellers hold a 1.56% ratio of that float. The average trading volume of LUXH on October 22, 2024 was 11.43M shares.
LUXH’s Market Performance
LUXH’s stock has seen a 0.88% increase for the week, with a -31.91% drop in the past month and a -63.98% fall in the past quarter. The volatility ratio for the week is 11.49%, and the volatility levels for the past 30 days are at 16.79% for LuxUrban Hotels Inc The simple moving average for the past 20 days is -16.00% for LUXH’s stock, with a -95.22% simple moving average for the past 200 days.
LUXH Trading at -20.15% 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 -99.16% of loss for the given period.
Volatility was left at 16.79%, however, over the last 30 days, the volatility rate increased by 11.49%, as shares sank -37.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -37.39% lower at present.
During the last 5 trading sessions, LUXH rose by +0.88%, which changed the moving average for the period of 200-days by -99.04% in comparison to the 20-day moving average, which settled at $0.0686. In addition, LuxUrban Hotels Inc saw -99.04% 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 Schaefer Kimberly, who purchase 117,647 shares at the price of $0.17 back on Jul 18 ’24. After this action, Schaefer Kimberly now owns 238,345 shares of LuxUrban Hotels Inc, valued at $20,000 using the latest closing price.
Arigo Robert, the Chief Executive Officer of LuxUrban Hotels Inc, purchase 176,470 shares at $0.17 during a trade that took place back on Jul 15 ’24, which means that Arigo Robert is holding 926,470 shares at $30,000 based on the most recent closing price.
Stock Fundamentals for LUXH
Current profitability levels for the company are sitting at:
- -0.57 for the present operating margin
- -0.32 for the gross margin
The net margin for LuxUrban Hotels Inc stands at -0.87. The total capital return value is set at -0.38. Equity return is now at value -251.02, with -53.26 for asset returns.
Based on LuxUrban Hotels Inc (LUXH), the company’s capital structure generated 1.33 points at debt to capital in total, while cash flow to debt ratio is standing at -0.16. The debt to equity ratio resting at -4.06. The interest coverage ratio of the stock is -7.77.
Currently, EBITDA for the company is -18.21 million with net debt to EBITDA at -3.74. When we switch over and look at the enterprise to sales, we see a ratio of 2.16. The receivables turnover for the company is 71.63for trailing twelve months and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.05.
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.
