La Rosa (NASDAQ:LRHC) Announces Earnings Results

La Rosa (NASDAQ:LRHC) posted its quarterly earnings results on Thursday. The company reported ($266.88) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $7.56 million during the quarter.

La Rosa Price Performance

Shares of NASDAQ LRHC opened at $1.05 on Friday. The company has a debt-to-equity ratio of 1.63, a quick ratio of 2.40 and a current ratio of 2.40. La Rosa has a fifty-two week low of $1.02 and a fifty-two week high of $1,865.60. The firm has a market capitalization of $21,000.00, a PE ratio of 0.00 and a beta of 1.42. The stock’s 50-day simple moving average is $2.78 and its 200-day simple moving average is $45.16.

Institutional Investors Weigh In On La Rosa

An institutional investor recently bought a new position in La Rosa stock. Marex Group plc purchased a new position in shares of La Rosa Holdings Corp. (NASDAQ:LRHC) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 358,600 shares of the company’s stock, valued at approximately $47,000. Marex Group plc owned about 49.12% of La Rosa as of its most recent SEC filing. Hedge funds and other institutional investors own 7.63% of the company’s stock.

Analyst Ratings Changes

LRHC has been the topic of several research analyst reports. Wall Street Zen raised La Rosa from a “strong sell” rating to a “sell” rating in a research report on Saturday. Weiss Ratings reissued a “sell (e+)” rating on shares of La Rosa in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

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.