In Thursday’s Wall Street session, Lazydays Holdings Inc (NASDAQ:GORV) shares traded at $0.31, up 4.37% from the previous session.
GORV stock price is now 3.84% away from the 50-day moving average and -66.33% away from the 200-day moving average. The market capitalization of the company currently stands at $33.71M.
With the price target enhanced from $11 to $14, DA Davidson Upgraded its rating from Neutral to Buy for Lazydays Holdings Inc (NASDAQ: GORV). On June 12, 2023, CJS Securities recently initiated its ‘Market Outperform’ rating on the stock quoting a target price of $20, while ‘DA Davidson’ rates the stock as ‘Neutral’
In other news, Coliseum Capital Management, L, 10% Owner bought 14,563,106 shares of the company’s stock on Nov 15 ’24. The stock was bought for $14,999,999 at an average price of $1.03. Upon completion of the transaction, the 10% Owner now directly owns 21,085,529 shares in the company, valued at $6.54 million. A total of 0.33% of the company’s stock is owned by insiders.
During the past 12 months, Lazydays Holdings Inc has had a low of $0.13 and a high of $3.77. As of last week, the company has a debt-to-equity ratio of 4.36, a current ratio of 0.89, and a quick ratio of 0.25.
The net profit margin was -21.85% and return on equity was -154.00% for GORV. The company reported revenue of $165.81 million for the quarter, compared to $270.12 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -38.61 percent.
