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

Selina Hospitality (NASDAQ:SLNA) 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, 500.com restated an “assumes” rating on shares of Selina Hospitality in a research report on Friday, June 30th.

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

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.