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LAZYDAYS (NASDAQ:GORV) Shares Gap Down - Should You Sell?

Lazydays logo with Consumer Discretionary background

LAZYDAYS HOLDINGS, INC. (NASDAQ:GORV - Get Free Report)'s share price gapped down prior to trading on Monday . The stock had previously closed at $7.18, but opened at $6.49. LAZYDAYS shares last traded at $7.40, with a volume of 62,807 shares trading hands.

LAZYDAYS Stock Performance

The company has a debt-to-equity ratio of 1.18, a current ratio of 0.89 and a quick ratio of 0.25. The stock has a market capitalization of $24.37 million, a PE ratio of -0.03 and a beta of 1.58. The stock has a 50 day moving average of $7.01 and a two-hundred day moving average of $13.71.

LAZYDAYS (NASDAQ:GORV - Get Free Report) last posted its quarterly earnings results on Thursday, May 15th. The company reported ($2.70) earnings per share for the quarter. LAZYDAYS had a negative net margin of 21.54% and a negative return on equity of 118.18%.

Institutional Trading of LAZYDAYS

A number of institutional investors have recently modified their holdings of GORV. Coliseum Capital Management LLC boosted its stake in shares of LAZYDAYS by 1,072.8% in the fourth quarter. Coliseum Capital Management LLC now owns 76,492,984 shares of the company's stock valued at $73,051,000 after buying an additional 69,970,561 shares in the last quarter. Alta Fundamental Advisers LLC purchased a new stake in LAZYDAYS during the fourth quarter worth $13,212,000. Park West Asset Management LLC purchased a new stake in LAZYDAYS during the fourth quarter worth $10,382,000. Goldman Sachs Group Inc. boosted its position in LAZYDAYS by 2,077.6% during the first quarter. Goldman Sachs Group Inc. now owns 275,295 shares of the company's stock worth $89,000 after purchasing an additional 262,653 shares in the last quarter. Finally, Cannell Capital LLC boosted its position in LAZYDAYS by 17.5% during the fourth quarter. Cannell Capital LLC now owns 1,219,062 shares of the company's stock worth $1,164,000 after purchasing an additional 181,280 shares in the last quarter. 89.67% of the stock is currently owned by hedge funds and other institutional investors.

LAZYDAYS Company Profile

(Get Free Report)

Lazydays Holdings, Inc operates recreational vehicle (RV) dealerships under the Lazydays name in the United States. The company offers RV sales, RV-repair and services, financing and insurance products, third-party protection plans, and after-market parts and accessories. It also operates the Lazydays RV resort at Tampa, Florida.

See Also

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