La Rosa (NASDAQ:LRHC – Get Free Report) announced its quarterly earnings data on Friday. The company reported ($1.66) earnings per share (EPS) for the quarter, Zacks reports. La Rosa had a net margin of 76.54% and a negative return on equity of 3,087.05%.
La Rosa Trading Up 5.0%
NASDAQ LRHC traded up $0.03 on Friday, hitting $0.59. The company’s stock had a trading volume of 101,511 shares, compared to its average volume of 644,905. The firm has a market cap of $1.25 million, a P/E ratio of -0.00 and a beta of 1.33. La Rosa has a 52-week low of $0.55 and a 52-week high of $972.00. The company’s 50-day simple moving average is $0.96 and its 200 day simple moving average is $4.36.
Analyst Ratings Changes
A number of research analysts have recently issued reports on the company. Wall Street Zen raised La Rosa from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 6th. Weiss Ratings upgraded La Rosa from a “sell (e+)” rating to a “sell (d)” rating in a research report on Monday, August 3rd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.
Hedge Funds Weigh In On La Rosa
A hedge fund recently bought a new position in La Rosa stock. Marex Group plc purchased a new position in La Rosa Holdings Corp. (NASDAQ:LRHC – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 358,600 shares of the company’s stock, valued at approximately $47,000. Marex Group plc owned 49.12% of La Rosa as of its most recent SEC filing. 7.63% of the stock is currently owned by institutional investors and hedge funds.
La Rosa Company Profile
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.
Read More
- Five stocks we like better than La Rosa
- Blueprint for a Boom: SEC Clears the Crypto Runway
- Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss
- Advance Auto Parts Plunged, But Its Turnaround Is Still Working
- Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates?
Receive News & Ratings for La Rosa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for La Rosa and related companies with MarketBeat.com's FREE daily email newsletter.
