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

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

Selina Hospitality Price Performance

Selina Hospitality stock opened at $0.45 on Friday. Selina Hospitality has a fifty-two week low of $0.36 and a fifty-two week high of $49.49. The stock’s fifty day moving average is $0.78 and its two-hundred day moving average is $1.17.

Institutional Investors Weigh In On Selina Hospitality

Several institutional investors and hedge funds have recently made changes to their positions in the business. Renaissance Technologies LLC increased its holdings in Selina Hospitality by 37.9% during the 2nd quarter. Renaissance Technologies LLC now owns 76,416 shares of the company’s stock valued at $78,000 after acquiring an additional 21,016 shares in the last quarter. SVB Financial Group acquired a new stake in shares of Selina Hospitality in the fourth quarter valued at approximately $136,000. Finally, Geode Capital Management LLC purchased a new position in shares of Selina Hospitality during the 4th quarter worth approximately $163,000.

Analyst Upgrades and Downgrades

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

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.