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Levere Holdings Corp. (LVRA) – Mismatched value: Check Out the Fundamental Analysis

March 9, 2023
in Companies

Stocks of Levere Holdings Corp. (NASDAQ:LVRA) traded higher last session on Wall Street, down -0.10% to $10.19.

LVRA stock price is now 0.69% away from the 50-day moving average and 3.12% away from the 200-day moving average. The market capitalization of the company currently stands at $345.54M.

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There have been several recent changes in the stakes of large investors in LVRA stock. A new stake in Levere Holdings Corp. shares was purchased by JANE STREET GROUP, LLC during the first quarter worth $7,546,000. HSBC HOLDINGS PLC invested $6,621,000 in shares of LVRA during the first quarter. In the first quarter, ALTSHULER SHAHAM LTD acquired a new stake in Levere Holdings Corp. valued at approximately $2,547,000. TYRUS CAPITAL S.A.M. acquired a new stake in LVRA for approximately $1,019,000. In total, there are 55 active investors with 86.20% ownership of the company’s stock.

Wednesday’s opening bell rang with an opening price of $10.19 for Levere Holdings Corp. (NASDAQ: LVRA). During the past 12 months, Levere Holdings Corp. has had a low of $9.72 and a high of $10.75. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 0.70, and a quick ratio of 0.70. The fifty day moving average price for LVRA is $10.14 and a two-hundred day moving average price translates $9.95 for the stock.

The latest earnings results from Levere Holdings Corp. (NASDAQ: LVRA) was released for Sep, 2022.

Levere Holdings Corp.(LVRA) Company Profile

Levere Holdings Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It focuses to identify and acquire business operating in the mobility sector, including the development of autonomous driving, connected vehicles, mobility services, and electric vehicles in the Europe, the Middle East, and Africa. Levere Holdings Corp. was incorporated in 2021 and is based in Grand Cayman, Cayman Islands.

Tags: Levere Holdings Corp.LVRALVRA stockNASDAQ:LVRA

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