La Rosa (NASDAQ:LRHC) Releases Quarterly Earnings Results

La Rosa (NASDAQ:LRHCGet Free Report) released 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 Stock Down 9.1%

Shares of NASDAQ:LRHC traded down $0.11 during midday trading on Thursday, reaching $1.10. The company had a trading volume of 150,570 shares, compared to its average volume of 478,873. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 1.63. The business’s 50 day moving average price is $2.99 and its 200 day moving average price is $47.11. The stock has a market cap of $22,000.00, a PE ratio of 0.00 and a beta of 1.42. La Rosa has a 1-year low of $1.05 and a 1-year high of $1,865.60.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Weiss Ratings reissued a “sell (e+)” rating on shares of La Rosa in a research note on Tuesday, April 21st. Wall Street Zen downgraded La Rosa to a “strong sell” rating in a research note on Saturday, February 7th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

Read Our Latest Research Report on LRHC

Institutional Trading of La Rosa

An institutional investor recently bought a new position in La Rosa stock. Citadel Advisors LLC purchased a new position in shares of La Rosa Holdings Corp. (NASDAQ:LRHCFree Report) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 15,338 shares of the company’s stock, valued at approximately $108,000. Citadel Advisors LLC owned 1.25% of La Rosa as of its most recent filing with the Securities & Exchange Commission. 7.63% of the stock is currently owned by hedge funds and other institutional investors.

La Rosa Company Profile

(Get Free Report)

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.

See Also

Earnings History for La Rosa (NASDAQ:LRHC)

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