LQR House (NASDAQ:YHC) President Yilin Lu Buys 2,000,000 Shares

Key Points

  • President Yilin Lu purchased 2,000,000 shares of LQR House at an average price of $0.90 per share (totaling $1.8M), increasing her holdings to 2,000,537 shares as disclosed in an SEC filing.
  • Shares opened at $0.89 and were reported up 8.9%; the company has a market capitalization of $12.6M, a negative PE ratio, and a volatile 52‑week range of $0.68 to $98.00.
  • Analyst coverage is limited and negative — Weiss Ratings reiterated a "sell (e+)" and the stock's consensus rating on MarketBeat is "Sell"; LQR House provides digital marketing and brand services for the alcoholic beverage sector.

LQR House Inc. (NASDAQ:YHC - Get Free Report) President Yilin Lu bought 2,000,000 shares of the company's stock in a transaction on Wednesday, December 17th. The stock was purchased at an average cost of $0.90 per share, with a total value of $1,800,000.00. Following the completion of the transaction, the president owned 2,000,537 shares in the company, valued at $1,800,483.30. This represents a 372,439.48% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

LQR House Stock Up 8.9%

Shares of YHC stock opened at $0.89 on Friday. The firm has a 50 day moving average of $0.88 and a two-hundred day moving average of $1.23. The stock has a market capitalization of $12.60 million, a PE ratio of -0.01 and a beta of 4.42. LQR House Inc. has a 52 week low of $0.68 and a 52 week high of $98.00.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a "sell (e+)" rating on shares of LQR House in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of "Sell".




Check Out Our Latest Analysis on LQR House

LQR House Company Profile

(Get Free Report)

LQR House, Inc provides digital marketing and brand development for alcoholic beverage space. It intends to integrate the supply, sales, and marketing facets of the alcoholic beverage space into one easy to use platform and become the one-stop-shop for everything related to alcohol. The company was founded on January 11, 2021 and is headquartered in Miami Beach, FL.

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