Lazydays (NASDAQ:GORV) Upgraded by Wall Street Zen to Hold Rating

Lazydays (NASDAQ:GORV) was upgraded by research analysts at Wall Street Zen to a “hold” rating in a research note issued to investors on Friday.

Lazydays Stock Performance

GORV opened at $6.21 on Friday. The company has a current ratio of 0.89, a quick ratio of 0.25 and a debt-to-equity ratio of 1.18. The company has a market cap of $22.79 million, a price-to-earnings ratio of -0.03 and a beta of 1.58. The company’s 50 day moving average is $7.05 and its 200 day moving average is $13.55. Lazydays has a 12-month low of $3.95 and a 12-month high of $106.20.

Lazydays (NASDAQ:GORV) last posted its quarterly earnings data on Thursday, May 15th. The company reported ($2.70) earnings per share (EPS) for the quarter. Lazydays had a negative return on equity of 118.18% and a negative net margin of 21.54%.

Hedge Funds Weigh In On Lazydays

Large investors have recently added to or reduced their stakes in the company. Squarepoint Ops LLC purchased a new position in Lazydays during the fourth quarter valued at approximately $31,000. Goldman Sachs Group Inc. lifted its holdings in Lazydays by 2,077.6% during the first quarter. Goldman Sachs Group Inc. now owns 275,295 shares of the company’s stock valued at $89,000 after purchasing an additional 262,653 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Lazydays by 18.3% during the fourth quarter. Geode Capital Management LLC now owns 159,901 shares of the company’s stock valued at $153,000 after purchasing an additional 24,785 shares in the last quarter. Cannell Capital LLC lifted its holdings in Lazydays by 17.5% during the fourth quarter. Cannell Capital LLC now owns 1,219,062 shares of the company’s stock valued at $1,164,000 after purchasing an additional 181,280 shares in the last quarter. Finally, Park West Asset Management LLC purchased a new position in Lazydays during the fourth quarter valued at approximately $10,382,000. Hedge funds and other institutional investors own 89.67% of the company’s stock.

About Lazydays

Lazydays Holdings, Inc operates recreational vehicle (RV) dealerships under the Lazydays name in the United States. The company offers RV sales, RV-repair and services, financing and insurance products, third-party protection plans, and after-market parts and accessories. It also operates the Lazydays RV resort at Tampa, Florida.