LuxUrban Hotels Inc. (NASDAQ:LUXHP – Get Free Report) shares dropped 8.3% during trading on Tuesday . The stock traded as low as $5.18 and last traded at $5.18. Approximately 280 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 4,000 shares. The stock had previously closed at $5.65.
LuxUrban Hotels Price Performance
The company has a 50-day moving average price of $7.17 and a 200 day moving average price of $11.48.
LuxUrban Hotels Company Profile
LuxUrban Hotels Inc engages in the leasing of entire existing hotels on a long-term basis and rent out hotel rooms in the properties it leases. It manages a portfolio of hotel rooms in New York, Miami Beach, New Orleans, and Los Angeles. The company was formerly known as CorpHousing Group Inc and changed its name to LuxUrban Hotels Inc in November 2022.
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