Is La Rosa Holdings Corp (NASDAQ: LRHC) A Good Stock To Invest In Right Now?

La Rosa Holdings Corp (NASDAQ:LRHC) price on current trading day, fall -9.93% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.94.

A look at the stock’s price movement, the level at last check in today’s session was $1.04, moving within a range at $0.9051 and $1.05. Turning to its 52-week performance, $5.50 and $0.47 were the 52-week high and 52-week low respectively. Overall, LRHC moved 38.16% over the past month.

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La Rosa Holdings Corp’s market cap currently stands at around $15.64 million, with investors looking forward to this quarter’s earnings report slated for in November.

Turning to the stock’s technical picture we see that short term indicators suggest on average that LRHC is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.

LRHC’s current price about 48.36% and 19.78% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 62.77, while 7-day volatility ratio is 36.18% and 14.57% in the 30-day chart. Further, La Rosa Holdings Corp (LRHC) has a beta value of 2.47, and an average true range (ATR) of 0.15.

If we refocus on La Rosa Holdings Corp (NASDAQ:LRHC), historical trading data shows that trading volumes averaged 18.97 over the past 10 days and 3.18 million over the past 3 months. The company’s latest data on shares outstanding shows there are 13.41 million shares.

The 34.95% of La Rosa Holdings Corp’s shares are in the hands of company insiders while institutional holders own 0.31% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.14 million on 2024-09-30, giving us a short ratio of 1.03. The data shows that as of 2024-09-30 short interest in La Rosa Holdings Corp (LRHC) stood at 123.00000499999999 of shares outstanding, with shares short falling to 0.26 million registered in 2024-08-30. Current price change has pushed the stock -37.56% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the LRHC stock continues to rise going into the next quarter.

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