Selina Hospitality (NASDAQ:SLNA) Issues Earnings Results, Beats Expectations By $0.16 EPS

Selina Hospitality (NASDAQ:SLNA) released its earnings results on Wednesday. The company reported ($0.16) earnings per share for the quarter, beating the consensus estimate of ($0.32) by $0.16, MarketWatch Earnings reports.

Selina Hospitality Price Performance

Shares of SLNA stock opened at $0.47 on Thursday. Selina Hospitality has a 12-month low of $0.36 and a 12-month high of $49.49. The firm has a fifty day moving average of $0.79 and a 200-day moving average of $1.17.

Analysts Set New Price Targets

Separately, 500.com reaffirmed an “assumes” rating on shares of Selina Hospitality in a research note on Friday, June 30th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. SVB Financial Group bought a new stake in shares of Selina Hospitality in the fourth quarter worth about $136,000. Renaissance Technologies LLC acquired a new stake in Selina Hospitality during the 1st quarter worth approximately $86,000. Finally, Geode Capital Management LLC bought a new position in Selina Hospitality in the fourth quarter valued at approximately $163,000.

About Selina Hospitality

Selina Hospitality PLC operates as a hospitality company in Australia, Asia, the United States of America, Mexico, Central America, South America, Europe, Israel, and Africa. Its portfolio includes lifestyle and experiential Millennial- and Gen Z-focused hotels with 118 destinations in 24 countries across 6 continents.