LQR House (YHC) Expected to Announce Quarterly Earnings on Wednesday

LQR House (NASDAQ:YHC) is expected to release its results before the market opens on Wednesday, February 25th. Analysts expect LQR House to post earnings of ($15.75) per share and revenue of $1.23 million for the quarter.

LQR House Trading Down 1.7%

Shares of NASDAQ YHC opened at $0.90 on Monday. LQR House has a 12-month low of $0.68 and a 12-month high of $98.00. The firm’s 50-day moving average price is $0.92 and its 200-day moving average price is $0.89. The stock has a market capitalization of $12.72 million, a price-to-earnings ratio of -0.01 and a beta of 4.38.

Insider Transactions at LQR House

In other LQR House news, President Yilin Lu bought 2,000,000 shares of the company’s stock in a transaction on Wednesday, December 17th. The stock was acquired at an average price of $0.90 per share, for a total transaction of $1,800,000.00. Following the completion of the transaction, the president directly owned 2,000,537 shares of the company’s stock, valued at approximately $1,800,483.30. This represents a 372,439.48% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 9.37% of the stock is currently owned by insiders.

Institutional Investors Weigh In On LQR House

An institutional investor recently bought a new stake in LQR House stock. Geode Capital Management LLC acquired a new stake in LQR House Inc. (NASDAQ:YHC) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 30,130 shares of the company’s stock, valued at approximately $27,000. Geode Capital Management LLC owned about 0.21% of LQR House as of its most recent SEC filing.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of LQR House in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock 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.