LQR House Inc (NASDAQ: LQR) has experienced a rise in its stock price by 10.94 compared to its previous closing price of 0.90. However, the company has seen a gain of 36.76% in its stock price over the last five trading days. accesswire.com reported 2024-11-06 that MIAMI BEACH, FL / ACCESSWIRE / November 6, 2024 / LQR House Inc. (the “Company” or “LQR House”) (NASDAQ:LQR), a niche e-commerce platform specializing in the spirits and beverage industry,is thrilled to announce a new marketing collaboration with The New York Cocktail Co., including a launch of a custom campaign highlighting their award-winning ready-to-drink cocktail Negroni, crafted by their team of New York’s bartenders. This campaign will focus on driving traffic and sales for their bottled Negroni cocktail on CWSpirits.com.
Is It Worth Investing in LQR House Inc (NASDAQ: LQR) Right Now?
Company’s 36-month beta value is 4.49.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for LQR is 4.26M, and currently, short sellers hold a 4.56% ratio of that floaft. The average trading volume of LQR on November 18, 2024 was 370.82K shares.
LQR’s Market Performance
LQR’s stock has seen a 36.76% increase for the week, with a 92.09% rise in the past month and a 67.25% gain in the past quarter. The volatility ratio for the week is 15.12%, and the volatility levels for the past 30 days are at 19.57% for LQR House Inc The simple moving average for the past 20 days is 34.48% for LQR’s stock, with a -2.17% simple moving average for the past 200 days.
LQR Trading at 61.10% 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 -71.20% of loss for the given period.
Volatility was left at 19.57%, however, over the last 30 days, the volatility rate increased by 15.12%, as shares surge +76.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +75.21% upper at present.
During the last 5 trading sessions, LQR rose by +36.76%, which changed the moving average for the period of 200-days by -37.59% in comparison to the 20-day moving average, which settled at $0.7425. In addition, LQR House Inc saw -60.38% 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:
- -5.61 for the present operating margin
- 0.93 for the gross margin
The net margin for LQR House Inc stands at -5.39. The total capital return value is set at -0.38. Equity return is now at value -207.25, with -188.53 for asset returns.
Currently, EBITDA for the company is -15.37 million with net debt to EBITDA at 0.07. When we switch over and look at the enterprise to sales, we see a ratio of -0.4. The receivables turnover for the company is 219.73for trailing twelve months and the total asset turnover is 0.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.93.
Conclusion
In a nutshell, LQR House Inc (LQR) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
