LQR House Inc (NASDAQ: LQR) stock jumped 9.45% on Monday to $0.06 against a previous-day closing price of $0.06. With 12.31 million shares changed hands, the volume of the stock remained heavier than its average volume of 9.8 million shares. During the session, the Beverages – Wineries & Distilleries company that operates in wider Consumer Defensive sector, reached to the highest price of $0.0649 whereas the lowest price it dropped to was $0.0567. The 52-week range on LQR shows that it touched its highest point at $7.25 and its lowest point at $0.05 during that stretch. It currently has a 1-year price target of $5.00.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LQR was down-trending over the past week, with a drop of -5.54%, but this was down by -49.92% over a month.
Float and Shares Shorts:
On Oct 30, 2023, short shares totaled 0.41 million, which was 0.92% higher than short shares on Sep 28, 2023. In addition to Mr. Sean Dollinger as the firm’s Founder, CEO, Secretary & Director, Mr. Kumar Abhishek serves as its Chief Financial Officer.
As the largest shareholder in LQR with 0.16% of the stake, Citadel Securities LLC holds 69,875 shares worth 69,875. A second-largest stockholder of LQR, HRT Financial LLC, holds 36,496 shares, controlling over 0.08% of the firm’s shares. Commonwealth Equity Services LLC is the third largest shareholder in LQR, holding 16,667 shares or 0.04% stake.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LQR since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With LQR analysts setting a high price target of $5.00 and a low target of $5.00, the average target price over the next 12 months is $5.00. Based on these targets, LQR could surge 8233.33% to reach the target high and rise by 8233.33% to reach the target low. Reaching the average price target will result in a growth of 8233.33% from current levels.