Selina Hospitality (NASDAQ:SLNA) Announces Earnings Results, Beats Estimates By $0.16 EPS

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

Selina Hospitality Stock Performance

NASDAQ:SLNA opened at $0.45 on Friday. The firm has a fifty day simple moving average of $0.78 and a two-hundred day simple moving average of $1.17. Selina Hospitality has a 12 month low of $0.36 and a 12 month high of $49.49.

Analyst Ratings Changes

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

Institutional Investors Weigh In On Selina Hospitality

A number of large investors have recently bought and sold shares of the stock. Renaissance Technologies LLC grew its holdings in 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 period. SVB Financial Group acquired a new position in shares of Selina Hospitality during the fourth quarter valued at about $136,000. Finally, Geode Capital Management LLC acquired a new position in shares of Selina Hospitality during the fourth quarter valued at about $163,000.

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.