LQR House (NASDAQ:YHC) Stock Price Down 0.8% – Here’s Why

LQR House Inc. (NASDAQ:YHC) shares traded down 0.8% during trading on Wednesday. The stock traded as low as $1.24 and last traded at $1.26. Approximately 15,050 shares were traded during trading, a decline of 83% from the average session volume of 87,727 shares. The stock had previously closed at $1.27.

Wall Street Analyst Weigh In

Several research analysts have weighed in on YHC shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of LQR House in a research note on Friday, July 17th. Wall Street Zen upgraded LQR House from a “sell” rating to a “hold” rating in a research note on Saturday, August 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, LQR House presently has a consensus rating of “Sell”.

LQR House Trading Up 11.1%

The firm has a market capitalization of $1.82 million, a price-to-earnings ratio of -0.05 and a beta of 3.39. The business’s 50 day moving average price is $1.53 and its 200-day moving average price is $44.83. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.96 and a quick ratio of 0.96.

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

LQR House Company Profile

LQR House Inc is an e-commerce and digital marketing company focused on the alcoholic beverage industry. The company develops and operates online shopping platforms designed to connect consumers with spirits and other alcoholic beverage products, while helping beverage brands expand their digital presence and reach customers.

In addition to online alcohol sales, LQR House provides digital marketing and customer-acquisition services, including social media, content, and promotional initiatives.