LQR House (YHC) to Release Earnings on Wednesday

LQR House (NASDAQ:YHC) is expected to be announcing 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

Shares of YHC opened at $0.89 on Tuesday. LQR House has a 52-week low of $0.68 and a 52-week high of $98.00. The stock’s 50-day simple moving average is $0.92 and its 200 day simple moving average is $0.89. The stock has a market capitalization of $12.50 million, a price-to-earnings ratio of -0.01 and a beta of 4.38.

Insiders Place Their Bets

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

Institutional Investors Weigh In On LQR House

An institutional investor recently bought a new position in LQR House stock. Geode Capital Management LLC bought a new stake in shares of LQR House Inc. (NASDAQ:YHC) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund 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 at the end of the most recent quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of LQR House in a report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently 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.