LQR House (NASDAQ:YHC) Shares Up 2% – Time to Buy?

LQR House Inc. (NASDAQ:YHC) rose 2% on Wednesday . The company traded as high as $0.92 and last traded at $0.90. Approximately 724,566 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 7,268,181 shares. The stock had previously closed at $0.89.

LQR House Trading Up 2.0%

The company has a market capitalization of $957,816.00, a PE ratio of -0.01 and a beta of 4.57. The business’s fifty day moving average is $1.84 and its two-hundred day moving average is $14.27.

LQR House (NASDAQ:YHC) last announced its quarterly earnings data on Tuesday, August 12th. The company reported ($1.10) earnings per share for the quarter. LQR House had a negative return on equity of 259.35% and a negative net margin of 949.77%.The firm had revenue of $0.50 million during the quarter. As a group, equities research analysts anticipate that LQR House Inc. will post -2.25 EPS for the current year.

Insiders Place Their Bets

In other LQR House news, major shareholder George Patrick Lambeth sold 180,000 shares of the business’s stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $3.04, for a total transaction of $547,200.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.62% of the company’s stock.

Institutional Investors Weigh In On LQR House

An institutional investor recently bought a new position in LQR House stock. Jane Street Group LLC bought a new stake in shares of LQR House Inc. (NASDAQ:YHC) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 66,253 shares of the company’s stock, valued at approximately $76,000. Jane Street Group LLC owned about 0.94% of LQR House at the end of the most recent quarter.

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.