LQR House (NASDAQ:YHC) Shares Set to Reverse Split on Monday, July 13th

LQR House Inc. (NASDAQ:YHCFree Report)’s stock is set to reverse split on the morning of Monday, July 13th. The 1-100 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, July 12th.

LQR House Trading Down 20.3%

Shares of YHC stock traded down $0.01 during mid-day trading on Thursday, reaching $0.03. The stock had a trading volume of 121,925,508 shares, compared to its average volume of 11,885,301. The stock’s 50-day moving average price is $0.76 and its two-hundred day moving average price is $0.86. LQR House has a 52-week low of $0.03 and a 52-week high of $11.14. The firm has a market capitalization of $410,892.00, a PE ratio of -0.02 and a beta of 3.20.

LQR House (NASDAQ:YHCGet Free Report) last issued its quarterly earnings data on Friday, May 15th. The company reported ($0.04) EPS for the quarter. The firm had revenue of $0.22 million for the quarter. LQR House had a negative net margin of 1,769.54% and a negative return on equity of 45.42%.

Wall Street Analyst Weigh In

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

Check Out Our Latest Research Report on YHC

Institutional Trading of LQR House

An institutional investor recently bought a new position in LQR House stock. Geode Capital Management LLC bought a new position in LQR House Inc. (NASDAQ:YHCFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 30,130 shares of the company’s stock, valued at approximately $27,000. Geode Capital Management LLC owned approximately 0.21% of LQR House as of its most recent filing with the SEC.

LQR House Company Profile

(Get Free Report)

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.

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