Lazydays (NASDAQ:GORV) Stock Price Down 1.7% – What’s Next?

Lazydays Holdings, Inc. (NASDAQ:GORV)’s share price was down 1.7% on Thursday . The company traded as low as $2.35 and last traded at $2.37. Approximately 78,391 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 1,552,772 shares. The stock had previously closed at $2.41.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Lazydays to a “hold” rating in a report on Friday, July 18th.

Lazydays Stock Performance

The firm has a market capitalization of $8.86 million, a PE ratio of -0.02 and a beta of 1.48. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.91 and a quick ratio of 0.23. The stock has a 50-day moving average price of $3.91 and a 200-day moving average price of $7.22.

Lazydays (NASDAQ:GORV) last announced its earnings results on Thursday, August 14th. The company reported ($6.67) earnings per share (EPS) for the quarter. Lazydays had a negative return on equity of 139.43% and a negative net margin of 22.06%.The business had revenue of $131.30 million for the quarter.

Institutional Trading of Lazydays

Hedge funds and other institutional investors have recently bought and sold shares of the company. Squarepoint Ops LLC bought a new stake in Lazydays in the fourth quarter valued at about $31,000. Goldman Sachs Group Inc. increased its holdings in Lazydays by 2,077.6% in the first quarter. Goldman Sachs Group Inc. now owns 275,295 shares of the company’s stock valued at $89,000 after buying an additional 262,653 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in Lazydays by 10.5% in the second quarter. Geode Capital Management LLC now owns 772,836 shares of the company’s stock valued at $188,000 after buying an additional 73,377 shares during the last quarter. 89.67% of the stock is owned by institutional investors.

Lazydays Company Profile

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.