La Rosa (NASDAQ:LRHC – Get Free Report) issued its quarterly earnings results on Wednesday. The company reported ($5.44) earnings per share for the quarter, Zacks reports.
La Rosa Trading Down 17.3%
Shares of NASDAQ:LRHC traded down $0.45 during midday trading on Wednesday, reaching $2.15. The company’s stock had a trading volume of 126,169 shares, compared to its average volume of 149,979. The business has a 50 day moving average price of $6.13 and a 200 day moving average price of $7.68. La Rosa has a 1 year low of $2.12 and a 1 year high of $95.20. The firm has a market cap of $2.63 million, a price-to-earnings ratio of 0.00 and a beta of 1.79. The company has a quick ratio of 2.44, a current ratio of 2.44 and a debt-to-equity ratio of 1.14.
Wall Street Analyst Weigh In
LRHC has been the topic of a number of recent analyst reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of La Rosa in a research note on Wednesday, October 8th. Wall Street Zen upgraded La Rosa from a “strong sell” rating to a “hold” rating in a research report on Friday, August 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.
Hedge Funds 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 – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 15,338 shares of the company’s stock, valued at approximately $108,000. Citadel Advisors LLC owned approximately 1.25% of La Rosa as of its most recent filing with the Securities and Exchange Commission. 7.63% of the stock is owned by institutional investors.
About La Rosa
La Rosa Holdings Corp., through its subsidiaries, operates primarily in the residential real estate market in the United States. The company operates through five segments: Real Estate Brokerage Services (Residential), Franchising Services, Coaching Services, Property Management, and Real Estate Brokerage Services (Commercial).
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