La Rosa (NASDAQ:LRHC) Stock Rating Lowered by Wall Street Zen

La Rosa (NASDAQ:LRHC) was downgraded by stock analysts at Wall Street Zen to a “strong sell” rating in a report released on Saturday.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of La Rosa in a report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, La Rosa has a consensus rating of “Sell”.

La Rosa Price Performance

LRHC opened at $1.58 on Friday. La Rosa has a 52-week low of $1.32 and a 52-week high of $296.00. The company has a debt-to-equity ratio of 1.63, a quick ratio of 2.40 and a current ratio of 2.40. The company’s 50-day simple moving average is $7.71 and its two-hundred day simple moving average is $39.39. The stock has a market capitalization of $257,540.00, a P/E ratio of 0.00 and a beta of 2.67.

La Rosa (NASDAQ:LRHC) last announced its earnings results on Wednesday, November 19th. The company reported ($54.40) earnings per share for the quarter. The business had revenue of $20.22 million for the quarter.

Institutional Investors Weigh In On La Rosa

An institutional investor recently bought a new position in La Rosa stock. Citadel Advisors LLC bought a new position in shares of La Rosa Holdings Corp. (NASDAQ:LRHC) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 15,338 shares of the company’s stock, valued at approximately $108,000. Citadel Advisors LLC owned 1.25% of La Rosa at the end of the most recent quarter. Institutional investors and hedge funds own 7.63% of the company’s stock.

About La Rosa

La Rosa Holdings, Inc (NASDAQ: LRHC) is a holding company that owns, operates and franchises LaRosa’s Pizzeria, a regional restaurant chain based in Cincinnati, Ohio. The company’s core business revolves around fast‐casual dining, with a focus on pizza and Italian‐inspired menu items served through dine-in, carry-out and delivery channels.

Founded in 1954 by Vincenzo “Buddy” LaRosa, LaRosa’s Pizzeria has grown from a single storefront into a network of over 30 locations across Ohio, Kentucky and Indiana.