LQR House (NASDAQ:LQR) Stock Price Down 34.5% – What’s Next?

LQR House Inc. (NASDAQ:LQR)’s stock price fell 34.5% on Tuesday . The stock traded as low as $0.24 and last traded at $0.26. 30,243,417 shares were traded during mid-day trading, an increase of 12,377% from the average session volume of 242,388 shares. The stock had previously closed at $0.40.

LQR House Price Performance

The company has a market cap of $1.73 million, a PE ratio of -0.18 and a beta of 5.06. The business’s 50 day moving average is $1.34 and its 200-day moving average is $1.08.

Institutional Investors Weigh In On LQR House

An institutional investor recently bought a new position in LQR House stock. Jane Street Group LLC purchased a new stake in LQR House Inc. (NASDAQ:LQR) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 66,253 shares of the company’s stock, valued at approximately $76,000. Jane Street Group LLC owned approximately 0.94% of LQR House at the end of the most recent reporting period.

LQR House Company Profile

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.