Lazydays Holdings Inc [NASDAQ: GORV] traded at a high on Friday, posting a 54.64 gain after which it closed the day’ session at $0.29.
The results of the trading session contributed to over 251721888 shares changing hands. Over the past one week, the price volatility of Lazydays Holdings Inc stands at 23.51% while the volatility over the past one month is 15.58%.
The market cap for GORV stock reached $31.76 million, with 110.13 million shares outstanding and 109.86 million shares in the current float. Compared to the average trading volume of 3.27M shares, GORV reached a trading volume of 251721888 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Lazydays Holdings Inc [GORV]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GORV shares is $2.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GORV stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
DA Davidson have made an estimate for Lazydays Holdings Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 30, 2023. While these analysts kept the previous recommendation, CJS Securities raised their target price to Market Outperform. The new note on the price target was released on June 12, 2023, representing the official price target for Lazydays Holdings Inc stock. Previously, the target price had yet another raise to $12, while DA Davidson analysts kept a Neutral rating on GORV stock.
The Average True Range (ATR) for Lazydays Holdings Inc is set at 0.07, with the Price to Sales ratio for GORV stock in the period of the last 12 months amounting to 0.04. The Price to Book ratio for the last quarter was 0.39, with the Price to Cash per share for the same quarter was set at 0.18. Price to Free Cash Flow for GORV in the course of the last twelve months was 1.06 with Quick ratio for the last quarter at 0.25.
How has GORV stock performed recently?
Lazydays Holdings Inc [GORV] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 31.49. With this latest performance, GORV shares gained by 17.35% in over the last four-week period, additionally sinking by -67.99% over the last 6 months – not to mention a drop of -91.93% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GORV stock in for the last two-week period is set at 60.21, with the RSI for the last a single of trading hit 71.67, and the three-weeks RSI is set at 52.12 for Lazydays Holdings Inc [GORV]. The present Moving Average for the last 50 days of trading for this stock 0.3212, while it was recorded at 0.2102 for the last single week of trading, and 0.9383 for the last 200 days.
Lazydays Holdings Inc [GORV]: Deeper insight into the fundamentals
Lazydays Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.25 and a Current Ratio set at 0.89.
Insider trade positions for Lazydays Holdings Inc [GORV]
The top three institutional holders of GORV stocks are: COLISEUM CAPITAL MANAGEMENT, LLC with ownership of 6.52 million shares, which is approximately 45.3737%. CANNELL CAPITAL LLC, holding 1.36 million shares of the stock with an approximate value of $$3.44 million in GORV stocks shares; and CANNELL CAPITAL LLC, currently with $$1.29 million in GORV stock with ownership which is approximately 3.5454%.
