LQR House (NASDAQ:YHC) Announces Earnings Results

LQR House (NASDAQ:YHC) posted its earnings results on Friday. The company reported ($0.04) EPS for the quarter, FiscalAI reports. LQR House had a negative return on equity of 65.75% and a negative net margin of 1,630.86%.The firm had revenue of $0.22 million for the quarter.

LQR House Stock Up 8.5%

NASDAQ YHC opened at $1.03 on Friday. LQR House has a fifty-two week low of $0.53 and a fifty-two week high of $11.14. The stock has a market cap of $14.54 million, a price-to-earnings ratio of -0.01 and a beta of 2.74. The business has a fifty day moving average of $0.90 and a 200-day moving average of $0.90.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of LQR House in a report on Monday, April 20th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Hedge Funds Weigh In On LQR House

An institutional investor recently bought a new position in LQR House stock. XTX Topco Ltd purchased a new position in LQR House Inc. (NASDAQ:YHC) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 74,758 shares of the company’s stock, valued at approximately $67,000. XTX Topco Ltd owned about 0.53% of LQR House as of its most recent SEC filing.

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.