La Rosa (NASDAQ:LRHC) Announces Quarterly Earnings Results

La Rosa (NASDAQ:LRHC) posted its quarterly earnings data on Wednesday. The company reported ($5.44) EPS for the quarter, Zacks reports.

La Rosa Price Performance

LRHC traded down $0.45 during trading on Wednesday, reaching $2.15. The company’s stock had a trading volume of 126,189 shares, compared to its average volume of 149,979. The company has a market cap of $2.63 million, a price-to-earnings ratio of 0.00 and a beta of 1.79. The firm has a fifty day simple moving average of $6.13 and a two-hundred day simple moving average of $7.68. La Rosa has a 1 year low of $2.12 and a 1 year high of $95.20. The company has a quick ratio of 2.44, a current ratio of 2.44 and a debt-to-equity ratio of 1.14.

Hedge Funds Weigh In On La Rosa

A hedge fund recently bought a new stake in La Rosa stock. Marex Group plc bought a new stake in La Rosa Holdings Corp. (NASDAQ:LRHC) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 358,600 shares of the company’s stock, valued at approximately $47,000. Marex Group plc owned approximately 49.12% of La Rosa as of its most recent SEC filing. 7.63% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

LRHC has been the topic of a number of research analyst reports. Weiss Ratings reaffirmed 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 report on Friday, August 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

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).