Stocks of LuxUrban Hotels Inc (NASDAQ:LUXH) traded higher last session on Wall Street, up 26.41% to $0.19.
LUXH stock price is now -24.84% away from the 50-day moving average and -92.68% away from the 200-day moving average. The market capitalization of the company currently stands at $20.62M.
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In other news, McNamee Patrick, Director bought 735,294 shares of the company’s stock on Jul 18 ’24. The stock was bought for $125,000 at an average price of $0.17. Upon completion of the transaction, the Director now directly owns 735,294 shares in the company, valued at $0.14 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 18 ’24, Director BLUTINGER ELAN bought 147,058 shares of the business’s stock. A total of $25,000 was incurred on buying the stock at an average price of $0.17. This leaves the insider owning 2,054,656 shares of the company worth $0.39 million. A total of 28.49% of the company’s stock is owned by insiders.
During the past 12 months, LuxUrban Hotels Inc has had a low of $0.14 and a high of $6.88. The fifty day moving average price for LUXH is $0.24882 and a two-hundred day moving average price translates $2.581215 for the stock.
The latest earnings results from LuxUrban Hotels Inc (NASDAQ: LUXH) was released for 2024-03-31. The net profit margin was -77.65% and return on equity was -251.02% for LUXH. The company reported revenue of $29.1 million for the quarter, compared to $22.81 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 27.56 percent.
