During the last session, LuxUrban Hotels Inc (NASDAQ:LUXH)’s traded shares were 226.05 million, with the beta value of the company hitting -1.35. The 52-week high for the LUXH share is $6.88, that puts it down -17100.0 from that peak though still a striking 25.0% gain since the share price plummeted to a 52-week low of $0.03. The company’s market capitalization is $5.58M, and the average intraday trading volume over the past 10 days was 43.69 million shares, and the average trade volume was 13.78 million shares over the past three months.
LuxUrban Hotels Inc (NASDAQ:LUXH) trade information
LuxUrban Hotels Inc (LUXH) registered a 13.80% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 13.80% in intraday trading to $0.04, hitting a weekly high. The stock’s 5-day price performance is -26.28%, and it has moved by -45.70% in 30 days. Based on these gigs, the overall price performance for the year is -99.00%. The short interest in LuxUrban Hotels Inc (NASDAQ:LUXH) is 3.85 million shares and it means that shorts have 0.17 day(s) to cover.
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LuxUrban Hotels Inc (LUXH) estimates and forecasts
Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -108.30% this quarter and then jump 144.40% in the quarter after that. In the rating firms’ projections, revenue will decrease -2.50% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 27.1M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 29.9M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 31.21M and 27.51M respectively. In this case, analysts expect current quarter sales to shrink by -13.20% and then jump by 8.70% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -227.20%.
LUXH Dividends
LuxUrban Hotels Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
LuxUrban Hotels Inc (NASDAQ:LUXH)’s Major holders
LuxUrban Hotels Inc insiders own 17.53% of total outstanding shares while institutional holders control 11.35%, with the float percentage being 13.76%.
