LQR House (YHC) to Release Quarterly Earnings on Wednesday

LQR House (NASDAQ:YHC) will likely be issuing its results before the market opens on Wednesday, February 25th. Analysts expect the company to announce earnings of ($15.75) per share and revenue of $1.23 million for the quarter.

LQR House Stock Performance

LQR House stock traded down $0.02 during midday trading on Friday, hitting $0.90. 36,880 shares of the company were exchanged, compared to its average volume of 93,486. The business has a fifty day simple moving average of $0.92 and a two-hundred day simple moving average of $0.89. The firm has a market capitalization of $12.72 million, a PE ratio of -0.01 and a beta of 4.38. LQR House has a fifty-two week low of $0.68 and a fifty-two week high of $98.00.

Insider Buying and Selling at LQR House

In other LQR House news, President Yilin Lu purchased 2,000,000 shares of LQR House stock in a transaction that occurred on Wednesday, December 17th. The stock was bought at an average price of $0.90 per share, with a total value of $1,800,000.00. Following the acquisition, the president owned 2,000,537 shares of the company’s stock, valued at $1,800,483.30. This trade represents a 372,439.48% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 9.37% of the stock is currently owned by corporate insiders.

Institutional Trading of LQR House

A hedge fund recently bought a new stake in LQR House stock. Geode Capital Management LLC acquired a new stake in LQR House Inc. (NASDAQ:YHC) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 30,130 shares of the company’s stock, valued at approximately $27,000. Geode Capital Management LLC owned approximately 0.21% of LQR House at the end of the most recent reporting period.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of LQR House in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

LQR House Company Profile

LQR House, Inc provides digital marketing and brand development for alcoholic beverage space. It intends to integrate the supply, sales, and marketing facets of the alcoholic beverage space into one easy to use platform and become the one-stop-shop for everything related to alcohol. The company was founded on January 11, 2021 and is headquartered in Miami Beach, FL.