LQR House (NASDAQ:YHC) Raised to “Hold” at Wall Street Zen

LQR House (NASDAQ:YHC) was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Saturday.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of LQR House in a report on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

LQR House Stock Performance

NASDAQ:YHC opened at $1.77 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.96 and a current ratio of 0.96. The stock has a market capitalization of $2.30 million, a P/E ratio of -0.01 and a beta of 3.41. The company has a 50 day moving average price of $21.05 and a 200 day moving average price of $65.25. LQR House has a fifty-two week low of $1.27 and a fifty-two week high of $119.00.

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

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in LQR House stock. XTX Topco Ltd bought a new position in shares of LQR House Inc. (NASDAQ:YHC) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 74,758 shares of the company’s stock, valued at approximately $67,000. XTX Topco Ltd owned approximately 0.53% of LQR House at the end of the most recent reporting period.

About LQR House

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.