LQR House (NASDAQ:YHC) Stock Crosses Above 50 Day Moving Average – What’s Next?

LQR House Inc. (NASDAQ:YHC)’s stock price passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $1.69 and traded as high as $1.75. LQR House shares last traded at $1.70, with a volume of 14,626 shares.

Analyst Ratings Changes

YHC has been the subject of a number of analyst reports. Wall Street Zen raised shares of LQR House from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. Weiss Ratings reiterated a “sell (e+)” rating on shares of LQR House in a report on Thursday, October 15th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, LQR House presently has an average rating of “Sell”.

LQR House Price Performance

The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.44. The stock has a market cap of $2.21 million, a PE ratio of -0.07 and a beta of 2.82. The firm’s 50-day moving average price is $1.69 and its two-hundred day moving average price is $46.77.

LQR House (NASDAQ:YHC) last released its quarterly earnings results on Wednesday, August 19th. The company reported $12.54 EPS for the quarter. The firm had revenue of $0.35 million during the quarter. LQR House had a negative return on equity of 14.06% and a negative net margin of 1,588.72%.

LQR House Company Profile

LQR House Inc. is a digital marketing and e-commerce company focused on the beverage alcohol industry. The company provides brands with services intended to support online customer acquisition, brand awareness, digital advertising, social media engagement and direct-to-consumer sales. LQR House has operated CWS, an online marketplace for alcoholic beverages, through which consumers can browse and purchase spirits and other beverage products where permitted by applicable laws. The company has also worked with beverage alcohol brands on e-commerce strategy, content creation and other digital initiatives designed to expand their online presence.