MORE Investment House Ltd. recently announced the acquisition of new stake in Selina Hospitality PLC. (NASDAQ:SLNA). This fresh investment now brings its stake to 4.63% valued currently at $0.88 million. In addition, Two Sigma Securities LLC raised its holdings by 43667.0 to 43667.0 shares.
Currently, there are 117.83M common shares owned by the public and among those 42.97M shares have been available to trade.
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However, the script later moved the day high at 0.4300, up 38.04%. The company’s stock has a 5-day price change of 101.80% and 10.76% over the past three months. SLNA shares are trading 113.92% year to date (YTD), with the 12-month market performance down to -88.99% lower. It has a 12-month low price of $0.14 and touched a high of $4.00 over the same period. SLNA has an average intraday trading volume of 363.02K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 101.58%, 87.96%, and -43.16% respectively.
Institutional ownership of Selina Hospitality PLC. (NASDAQ: SLNA) shares accounts for 5.71% of the company’s 117.83M shares outstanding. Mutual fund holders own 0.38%, while other institutional holders and individual stakeholders account for 5.33% and — respectively.
It has a market capitalization of $40.86M and a beta (3y monthly) value of 0.45. Price movements for the stock have been influenced by the stock’s volatility, which stands at 26.42% over the week and 13.07% over the month.
Analysts forecast that Selina Hospitality PLC. (SLNA) will achieve an EPS of $0 for the current quarter, $0 for the next quarter and $0 for 2024. The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0.
Looking at the support for the SLNA, a number of firms have released research notes about the stock. Northland Capital stated their Outperform rating for the stock in a research note on January 18, 2023, with the firm’s price target at $4.50.
