LQR House (NASDAQ:YHC) Shares Break Above 50-Day Moving Average – Here’s Why

LQR House Inc. (NASDAQ:YHC) passed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $1.69 and traded as high as $1.75. LQR House shares last traded at $1.70, with a volume of 14,626 shares changing hands.

Analyst Ratings Changes

YHC has been the subject of several research reports. Weiss Ratings restated a “sell (e+)” rating on shares of LQR House in a research note on Thursday, October 15th. Wall Street Zen raised shares of LQR House from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company has a consensus rating of “Sell”.

LQR House Stock Up 3.0%

The stock has a market capitalization of $2.21 million, a price-to-earnings ratio of -0.07 and a beta of 2.82. The business has a 50-day moving average of $1.69 and a 200-day moving average of $46.77. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.96 and a current ratio of 0.96.

LQR House (NASDAQ:YHC) last released its quarterly earnings results on Wednesday, August 19th. The company reported $12.54 earnings per share (EPS) for the quarter. The business had revenue of $0.35 million for the quarter. LQR House had a negative net margin of 1,588.72% and a negative return on equity of 14.06%.

About LQR House

LQR House Inc. is a digital marketing and e-commerce company focused on the beverage alcohol industry. The company provides brands with services intended to support online customer acquisition, brand awareness, digital advertising, social media engagement and direct-to-consumer sales. LQR House has operated CWS, an online marketplace for alcoholic beverages, through which consumers can browse and purchase spirits and other beverage products where permitted by applicable laws. The company has also worked with beverage alcohol brands on e-commerce strategy, content creation and other digital initiatives designed to expand their online presence.