LuxUrban Hotels (NASDAQ:LUXHP) Trading Up 10.1% – Still a Buy?

LuxUrban Hotels Inc. (NASDAQ:LUXHPGet Free Report) shares were up 10.1% during mid-day trading on Friday . The company traded as high as $1.43 and last traded at $1.43. Approximately 386 shares traded hands during trading, a decline of 90% from the average daily volume of 3,714 shares. The stock had previously closed at $1.30.

LuxUrban Hotels Trading Up 10.1%

The business has a 50-day moving average of $3.15 and a 200-day moving average of $7.60.

About LuxUrban Hotels

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LuxUrban Hotels Inc engages in the leasing of entire existing hotels on a long-term basis and rent out hotel rooms in the properties it leases. It manages a portfolio of hotel rooms in New York, Miami Beach, New Orleans, and Los Angeles. The company was formerly known as CorpHousing Group Inc and changed its name to LuxUrban Hotels Inc in November 2022.

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