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

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

Selina Hospitality Stock Performance

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

Institutional Investors Weigh In On Selina Hospitality

Several hedge funds and other institutional investors have recently made changes to their positions in the business. SVB Financial Group purchased a new position in shares of Selina Hospitality in the 4th quarter valued at approximately $136,000. Renaissance Technologies LLC acquired a new stake in shares of Selina Hospitality during the first quarter worth $86,000. Finally, Geode Capital Management LLC purchased a new position in Selina Hospitality in the 4th quarter valued at $163,000.

Analyst Upgrades and Downgrades

Separately, 500.com reiterated an “assumes” rating on shares of Selina Hospitality in a research note 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.