LQR House Inc (NASDAQ: LQR) Has Slid Negatively For The Year To Date, Predicting What Will Happen Next

LQR House Inc (NASDAQ:LQR)’s traded shares stood at 8.46 million during the last session, with the company’s beta value hitting 4.61. At the close of trading, the stock’s price was $0.62, to imply a decrease of -15.67% or -$0.12 in intraday trading. The LQR share’s 52-week high remains $5.65, putting it -811.29% down since that peak but still an impressive 35.48% since price per share fell to its 52-week low of $0.40. The company has a valuation of $3.48M, with an average of 1.03 million shares in intraday trading volume over the past 10 days and average of 215.59K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for LQR House Inc (LQR), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give LQR a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.38.

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LQR House Inc (NASDAQ:LQR) trade information

After registering a -15.67% downside in the last session, LQR House Inc (LQR) has traded red over the past five days. The 5-day price performance for the stock is 20.06%, and 12.73% over 30 days. With these gigs, the year-to-date price performance is -75.24%. Short interest in LQR House Inc (NASDAQ:LQR) saw shorts transact 0.11 million shares and set a 0.24 days time to cover.

LQR House Inc (LQR) estimates and forecasts

Looking at statistics comparing LQR House Inc share performance against respective industry, we note that the company has outperformed competitors. LQR House Inc (LQR) shares are -35.67% down over the last 6 months, with its year-to-date growth rate higher than industry average at 90.01% against 6.10%. Revenue is forecast to grow 98.00% this quarter before jumping 92.50% for the next one. The rating firms project that company’s revenue will grow 385.30% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is 760k. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 1.08M.Earnings reports from the last fiscal year show that sales brought in 171k and 609k respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 344.40% before jumping 77.30% in the following quarter.

LQR Dividends

LQR House Inc has its next earnings report out in November. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.