La Rosa (NASDAQ:LRHC) Cut to “Strong Sell” at Wall Street Zen

Wall Street Zen downgraded shares of La Rosa (NASDAQ:LRHC) to a strong sell rating in a report released on Saturday morning.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of La Rosa in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

La Rosa Stock Down 3.2%

Shares of LRHC opened at $1.53 on Friday. The company has a market capitalization of $244,800.00, a P/E ratio of 0.00 and a beta of 2.69. La Rosa has a one year low of $1.32 and a one year high of $296.00. The business’s 50 day simple moving average is $7.37 and its 200-day simple moving average is $38.85. The company has a debt-to-equity ratio of 1.63, a current ratio of 2.40 and a quick ratio of 2.40.

La Rosa (NASDAQ:LRHC) last issued its quarterly earnings data on Wednesday, November 19th. The company reported ($54.40) earnings per share (EPS) for the quarter. The business had revenue of $20.22 million during the quarter.

Institutional Trading of La Rosa

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

La Rosa Company Profile

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.