Does LuxUrban Hotels Inc (NASDAQ:LUXH) Look Expensive At $0.15? Here’s How To Know.

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In recent trading session, LuxUrban Hotels Inc (NASDAQ:LUXH) saw 1.03 million shares changing hands at last check today with its beta currently measuring -1.24. Company’s recent per share price level of $0.15 trading at $0.0 or 1.06% at last check today assigns it a market valuation of $11.18M. That most recent trading price of LUXH’s stock is at a discount of -4486.67% from its 52-week high price of $6.88 and is indicating a premium of 6.67% from its 52-week low price of $0.14. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.38 million shares which gives us an average trading volume of 2.22 million if we extend that period to 3-months.

LuxUrban Hotels Inc (NASDAQ:LUXH) trade information

Upright in the green today for gaining 1.06%, in the last five days LUXH remained trading in the red while hitting it’s week-highest on Tuesday, 07/23/24 when the stock touched $0.15 price level, adding 16.71% to its value on the day. LuxUrban Hotels Inc’s shares saw a change of -97.44% in year-to-date performance and have moved -1.42% in past 5-day. LuxUrban Hotels Inc (NASDAQ:LUXH) showed a performance of -35.21% in past 30-days. Number of shares sold short was 1.14 million shares which calculate 1.13 days to cover the short interests.

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LuxUrban Hotels Inc (LUXH) estimates and forecasts

Statistics highlight that LuxUrban Hotels Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -96.66% of value to its shares in past 6 months, showing an annual growth rate of -166.67% while that of industry is 13.70. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -227.20% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -1937.44% while estimates for its earnings growth in next 5 years are of 30.00%.

LuxUrban Hotels Inc (NASDAQ:LUXH)’s Major holders

Insiders are in possession of 18.46% of company’s total shares while institution are holding 15.27 percent of that, with stock having share float percentage of 18.73%. Investors also watch the number of corporate investors in a company very closely, which is 15.27% institutions for LuxUrban Hotels Inc that are currently holding shares of the company.