Lazydays (NASDAQ:GORV) Stock Price Up 0.5% – Still a Buy?

Lazydays Holdings, Inc. (NASDAQ:GORV) shares rose 0.5% on Thursday . The company traded as high as $2.20 and last traded at $2.15. Approximately 24,838 shares were traded during trading, a decline of 98% from the average daily volume of 1,630,265 shares. The stock had previously closed at $2.14.

Analyst Ratings Changes

GORV has been the subject of a number of research analyst reports. Wall Street Zen upgraded shares of Lazydays to a “hold” rating in a report on Friday, July 18th. Weiss Ratings reiterated a “sell (e)” rating on shares of Lazydays in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Lazydays Stock Up 0.5%

The company has a current ratio of 0.91, a quick ratio of 0.23 and a debt-to-equity ratio of 1.81. The firm has a market cap of $8.04 million, a PE ratio of -0.02 and a beta of 1.55. The business’s 50-day simple moving average is $2.53 and its 200 day simple moving average is $5.05.

Lazydays (NASDAQ:GORV) last posted its earnings results on Thursday, April 27th. The company reported $1.27 EPS for the quarter. The business had revenue of $376.16 million for the quarter. Lazydays had a negative net margin of 22.06% and a negative return on equity of 139.43%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Lazydays stock. Goldman Sachs Group Inc. lifted its position in Lazydays Holdings, Inc. (NASDAQ:GORV) by 2,077.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 275,295 shares of the company’s stock after buying an additional 262,653 shares during the period. Goldman Sachs Group Inc. owned approximately 0.25% of Lazydays worth $89,000 as of its most recent SEC filing. 89.67% of the stock is currently owned by hedge funds and other institutional investors.

Lazydays Company Profile

Lazydays Holdings, Inc operates recreational vehicle (RV) dealerships under the Lazydays name in the United States. The company offers RV sales, RV-repair and services, financing and insurance products, third-party protection plans, and after-market parts and accessories. It also operates the Lazydays RV resort at Tampa, Florida.