LQR House (NASDAQ:LQR) Trading Down 4.8% – Here’s What Happened

LQR House Inc. (NASDAQ:LQR) shares traded down 4.8% during trading on Thursday . The stock traded as low as $1.38 and last traded at $1.39. 102,790 shares were traded during trading, a decline of 65% from the average session volume of 291,820 shares. The stock had previously closed at $1.46.

LQR House Trading Down 4.8 %

The company has a 50 day simple moving average of $1.27 and a 200 day simple moving average of $0.87. The stock has a market capitalization of $9.77 million, a PE ratio of -0.99 and a beta of 5.06.

Insider Transactions at LQR House

In other news, CEO Sean Dollinger purchased 28,700 shares of the business’s stock in a transaction that occurred on Tuesday, November 26th. The stock was purchased at an average cost of $1.04 per share, with a total value of $29,848.00. Following the completion of the acquisition, the chief executive officer now directly owns 77,243 shares of the company’s stock, valued at approximately $80,332.72. This trade represents a 59.12 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 4.60% of the company’s stock.

About LQR House

LQR House Inc provides digital marketing and brand development services for the alcoholic beverage business in the United States. Its primary business includes the development of limited batch spirit brands and marketing internal and external brands through its CWS Platform. The company serves individual consumers, wholesalers, and third-party alcohol brands.