Lazydays (NASDAQ:GORV) Shares Up 2.8% – What’s Next?

Lazydays Holdings, Inc. (NASDAQ:GORV) was up 2.8% on Wednesday . The stock traded as high as $0.24 and last traded at $0.24. Approximately 461,176 shares traded hands during trading, a decline of 80% from the average daily volume of 2,291,982 shares. The stock had previously closed at $0.23.

Lazydays Stock Up 2.8%

The firm has a market cap of $26.82 million, a PE ratio of -0.03 and a beta of 1.65. The company has a current ratio of 0.89, a quick ratio of 0.25 and a debt-to-equity ratio of 1.18. The firm has a 50 day moving average price of $0.23 and a 200-day moving average price of $0.53.

Lazydays (NASDAQ:GORV) last issued its quarterly earnings results on Thursday, May 15th. The company reported ($0.09) earnings per share (EPS) for the quarter. Lazydays had a negative return on equity of 118.18% and a negative net margin of 21.54%.

Hedge Funds Weigh In On Lazydays

Several large investors have recently bought and sold shares of GORV. Coliseum Capital Management LLC lifted its holdings in Lazydays by 1,072.8% during the 4th quarter. Coliseum Capital Management LLC now owns 76,492,984 shares of the company’s stock worth $73,051,000 after buying an additional 69,970,561 shares during the last quarter. Park West Asset Management LLC acquired a new stake in shares of Lazydays during the 4th quarter worth about $10,382,000. Cannell Capital LLC lifted its position in shares of Lazydays by 17.5% during the 4th quarter. Cannell Capital LLC now owns 1,219,062 shares of the company’s stock worth $1,164,000 after buying an additional 181,280 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Lazydays by 2,077.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 275,295 shares of the company’s stock worth $89,000 after buying an additional 262,653 shares during the last quarter. Finally, Squarepoint Ops LLC acquired a new position in shares of Lazydays in the 4th quarter valued at $31,000. Hedge funds and other institutional investors own 89.67% of the company’s stock.

Lazydays Company Profile

Lazydays Holdings, Inc operates recreational vehicle (RV) dealerships under the Lazydays name in the United States. The company offers RV sales, RV-repair and services, financing and insurance products, third-party protection plans, and after-market parts and accessories. It also operates the Lazydays RV resort at Tampa, Florida.