Selina Hospitality (NASDAQ:SLNA) Releases Earnings Results, Beats Expectations By $0.16 EPS

Selina Hospitality (NASDAQ:SLNAGet Free Report) announced its quarterly earnings data 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 business had revenue of $52.49 million during the quarter.

Selina Hospitality Stock Down 3.2 %

Shares of NASDAQ:SLNA opened at $0.45 on Friday. The company has a 50 day moving average price of $0.78 and a two-hundred day moving average price of $1.17. Selina Hospitality has a 52 week low of $0.36 and a 52 week high of $49.49.

Wall Street Analyst Weigh In

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

Read Our Latest Stock Analysis on SLNA

Institutional Trading of Selina Hospitality

Several hedge funds have recently added to or reduced their stakes in the business. SVB Financial Group acquired a new position in Selina Hospitality in the fourth quarter valued at about $136,000. Renaissance Technologies LLC bought a new position in shares of Selina Hospitality during the 1st quarter valued at about $86,000. Finally, Geode Capital Management LLC acquired a new position in shares of Selina Hospitality in the 4th quarter valued at approximately $163,000.

About Selina Hospitality

(Get Free Report)

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.

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