LuxUrban Hotels Inc. (NASDAQ:LUXHP – Get Free Report) shares were down 8.3% during mid-day trading on Tuesday . The stock traded as low as $5.18 and last traded at $5.18. Approximately 280 shares were traded during trading, a decline of 93% from the average daily volume of 4,000 shares. The stock had previously closed at $5.65.
LuxUrban Hotels Trading Down 0.2 %
The firm’s 50 day simple moving average is $7.16 and its two-hundred day simple moving average is $11.44.
About LuxUrban Hotels
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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