Lazydays (NASDAQ:GORV) Stock Price Up 2.7% – What’s Next?

Lazydays Holdings, Inc. (NASDAQ:GORV) rose 2.7% during trading on Thursday . The stock traded as high as $0.82 and last traded at $0.79. Approximately 19,934 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 57,056 shares. The stock had previously closed at $0.77.

Lazydays Price Performance

The company has a 50 day moving average price of $0.85 and a 200 day moving average price of $1.29. The company has a market capitalization of $11.23 million, a price-to-earnings ratio of -0.06 and a beta of 1.98. The company has a current ratio of 0.91, a quick ratio of 0.12 and a debt-to-equity ratio of 2.35.

Institutional Investors Weigh In On Lazydays

Several hedge funds and other institutional investors have recently made changes to their positions in GORV. Choreo LLC acquired a new stake in shares of Lazydays during the fourth quarter worth $26,000. Geode Capital Management LLC grew its stake in shares of Lazydays by 18.3% during the fourth quarter. Geode Capital Management LLC now owns 159,901 shares of the company’s stock worth $153,000 after purchasing an additional 24,785 shares during the period. Finally, Cannell Capital LLC grew its stake in shares of Lazydays by 17.5% during the fourth quarter. Cannell Capital LLC now owns 1,219,062 shares of the company’s stock worth $1,164,000 after purchasing an additional 181,280 shares during the period. 89.67% of the stock is owned by institutional investors and hedge funds.

Lazydays Company Profile

Lazydays Holdings, Inc operates recreational vehicle (RV) dealerships under the Lazydays name in the United States. The company offers RV sales, RV-repair and services, financing and insurance products, third-party protection plans, and after-market parts and accessories. It also operates the Lazydays RV resort at Tampa, Florida.