La Rosa (NASDAQ:LRHC) Stock Rating Lowered by Wall Street Zen

La Rosa (NASDAQ:LRHC) was downgraded by equities researchers at Wall Street Zen to a “strong sell” rating in a note issued to investors on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of La Rosa in a report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, La Rosa has an average rating of “Sell”.

La Rosa Stock Up 5.3%

NASDAQ LRHC opened at $1.58 on Friday. La Rosa has a 52 week low of $1.32 and a 52 week high of $296.00. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 1.63. The company has a market capitalization of $252,800.00, a P/E ratio of 0.00 and a beta of 2.67. The stock’s 50-day moving average price is $7.71 and its 200-day moving average price is $40.01.

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

Institutional Trading of La Rosa

An institutional investor recently bought a new position in La Rosa stock. Marex Group plc purchased a new position in La Rosa Holdings Corp. (NASDAQ:LRHC) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 358,600 shares of the company’s stock, valued at approximately $47,000. Marex Group plc owned approximately 49.12% of La Rosa as of its most recent SEC filing. 7.63% of the stock is owned by institutional investors and hedge funds.

About La Rosa

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.