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

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

Selina Hospitality Trading Down 2.7 %

Shares of NASDAQ:SLNA opened at $0.44 on Friday. Selina Hospitality has a one year low of $0.36 and a one year high of $49.49. The stock has a fifty day moving average of $0.76 and a 200-day moving average of $1.15.

Analyst Ratings Changes

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

Institutional Investors Weigh In On Selina Hospitality

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Renaissance Technologies LLC lifted its position in shares of 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 during the last quarter. Geode Capital Management LLC acquired a new stake in shares of Selina Hospitality during the 4th quarter valued at $163,000. Finally, SVB Financial Group acquired a new stake in shares of Selina Hospitality during the 4th quarter valued at $136,000.

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.