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LuxUrban Hotels Inc utilizes a long term lease, asset-light business model to acquire and manage a growing portfolio of short-term rental properties in metropolitan cities. It identifies, acquires, manages, and markets hotel rooms to business and vacation travelers under the consumer brand, LuxUrban. It manages a portfolio of hotel rooms in New York, Washington D.C., Miami Beach, New Orleans and Los Angeles.
Luxurban Hotels trades on the NASDAQ stock market under the symbol LUXH.
As of January 17, 2025, LUXH stock price was flat at $0.32 with million shares trading.
LUXH has a market cap of $1.37 million. This is considered a Sub-Micro Cap stock.
Last quarter Luxurban Hotels reported $13 million in Revenue and -$16.80 earnings per share. This fell short of revenue expectation by $-15 million and missed earnings estimates by -$16.10.
The top ETF exchange traded funds that LUXH belongs to (by Net Assets): VXF, IWC.
LUXH has underperformed the market in the last year with a price return of -99.9% while the SPY ETF gained +28.0%. LUXH has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -92.0% and -65.0%, respectively, while the SPY returned +3.0% and +1.0%, respectively.
LUXH support price is $.27 and resistance is $.37 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LUXH shares will trade within this expected range on the day.