Selina Hospitality (NASDAQ:SLNA) Issues Quarterly Earnings Results

Selina Hospitality (NASDAQ:SLNA) issued its quarterly earnings results on Wednesday. The company reported ($0.16) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.32) by $0.16, MarketWatch Earnings reports. The firm had revenue of $52.49 million for the quarter.

Selina Hospitality Stock Performance

SLNA stock opened at $0.47 on Thursday. Selina Hospitality has a 1 year low of $0.36 and a 1 year high of $49.49. The stock’s fifty day moving average price is $0.79 and its 200-day moving average price is $1.17.

Hedge Funds Weigh In On Selina Hospitality

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Renaissance Technologies LLC increased its holdings in shares of Selina Hospitality by 37.9% in the second quarter. Renaissance Technologies LLC now owns 76,416 shares of the company’s stock worth $78,000 after purchasing an additional 21,016 shares during the last quarter. SVB Financial Group purchased a new position in shares of Selina Hospitality during the fourth quarter valued at approximately $136,000. Finally, Geode Capital Management LLC purchased a new position in shares of Selina Hospitality during the fourth quarter valued at approximately $163,000.

Analyst Upgrades and Downgrades

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

Selina Hospitality Company Profile

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.