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Will LuxUrban Hotels Inc (LUXH) benefit from Wall Street bulls Calls?

LuxUrban Hotels Inc (NASDAQ: LUXH) is -76.88% lower on its value in year-to-date trading and has touched a low of $1.47 and a high of $6.88 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LUXH stock was last observed hovering at around $1.50 in the last trading session, with the day’s loss setting it -0.12%.

Currently trading at $1.38, the stock is -39.30% and -54.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.9 million and changing -8.00% at the moment leaves the stock -62.97% off its SMA200. LUXH registered -40.77% loss for a year compared to 6-month loss of -67.38%. The firm has a 50-day simple moving average (SMA 50) of $2.95 and a 200-day simple moving average (SMA200) of -$12.60.

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The stock witnessed a -40.77% gain in the last 1 month and extending the period to 3 months gives it a -76.88%, and is -35.51% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 14.11% over the week and 10.50% over the month.

Fwd P/E is 3.63. Profit margin for the company is -33.36%. Distance from 52-week low is -6.12% and -79.94% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.72%).

LuxUrban Hotels Inc quarterly earnings per share for the current quarter are estimated at $0.09 with sales reaching $34.2M over the same period.The EPS is expected to grow by 114.29% this year, but quarterly earnings will post 174.00% year-over-year. Quarterly sales are estimated to grow 164.10% in year-over-year returns.

LuxUrban Hotels Inc (LUXH) Top Institutional Holders

54 institutions hold shares in LuxUrban Hotels Inc (LUXH), with institutional investors hold 64.57% of the company’s shares. The shares outstanding are 36.84M, and float is at 8.99M with Short Float at 24.40%. Institutions hold 17.84% of the Float.

The top institutional shareholder in the company is Ancora Advisors, LLC with over 0.15 million shares valued at $0.47 million. The investor’s holdings represent 0.41% of the LUXH Shares outstanding. As of Jun 29, 2023, the second largest holder is Geode Capital Management, LLC with 0.11 million shares valued at $0.35 million to account for 0.31% of the shares outstanding. The other top investors are LPL Financial LLC which holds 57152.0 shares representing 0.16% and valued at over $0.18 million, while Vanguard Group Inc holds 0.09% of the shares totaling 31683.0 with a market value of $99801.0.

LuxUrban Hotels Inc (LUXH) Insider Activity

The most recent transaction is an insider purchase by Ferdinand Brian,the company’sChairman & Co-CEO. SEC filings show that Ferdinand Brian bought 25,000 shares of the company’s common stock on Dec 13 ’23 at a price of $4.56 per share for a total of $0.11 million. Following the purchase, the insider now owns 0.23 million shares.

LuxUrban Hotels Inc disclosed in a document filed with the SEC on Dec 01 ’23 that Ferdinand Brian (Chairman & Co-CEO) sold a total of 14,219 shares of the company’s common stock. The trade occurred on Dec 01 ’23 and was made at $4.45 per share for $63275.0. Following the transaction, the insider now directly holds 15.35 million shares of the LUXH stock.

Still, SEC filings show that on Nov 30 ’23, Ferdinand Brian (Chairman & Co-CEO) disposed off 62,000 shares at an average price of $4.46 for $0.28 million. The insider now directly holds 15,362,136 shares of LuxUrban Hotels Inc (LUXH).

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