LuxUrban Hotels (NASDAQ:LUXHP) Trading 0.5% Higher – Here’s Why

LuxUrban Hotels Inc. ( NASDAQ:LUXHP – Get Free Report )’s stock price shot up 0.5% during mid-day trading on Wednesday .

The stock traded as high as $15.34 and last traded at $15.34.



2,057 shares changed hands during mid-day trading, a decline of 43% from the average session volume of 3,608 shares. The stock had previously closed at $15.27.

LuxUrban Hotels Price Performance The stock has a 50-day moving average price of $15.15 and a 200-day moving average price of $14.81.

LuxUrban Hotels Announces Dividend The business also recently disclosed a monthly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 16th were issued a $0.2708 dividend.

The ex-dividend date of this dividend was Monday, December 16th. This represents a $3.25 annualized dividend and a dividend yield of 21.

19%. LuxUrban Hotels Company Profile LuxUrban Hotels Inc engages in the leasing of entire existing hotels on a long-term basis and rent out hotel rooms in the properties it leases. It manages a portfolio of hotel rooms in New York, Miami Beach, New Orleans, and Los Angeles.

The company was formerly known as CorpHousing Group Inc and changed its name to LuxUrban Hotels Inc in November 2022. Read More Five stocks we like better than LuxUrban Hotels What is the Dogs of the Dow Strategy? Overview and Examples Work and Play: Investing in the Rise of Bleisure Travel How the NYSE and NASDAQ are Different, Why That Matters to Investors Top Dividend Stocks to Buy Now as Bond Yields Could Lower What is the S&P 500 and How It is Distinct from Other Indexes SAP: AI Tailwinds Accelerating Enterprise Cloud Business Receive News & Ratings for LuxUrban Hotels Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LuxUrban Hotels and related companies with MarketBeat.com's FREE daily email newsletter .

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