The Sadot Group Inc (NASDAQ: SDOT) Stock Dropped -31.02% In A Single Month – Are There Any Hopes For A Gain?

During the last session, Sadot Group Inc (NASDAQ:SDOT)’s traded shares were 0.34 million, with the beta value of the company hitting 1.01. At the end of the trading day, the stock’s price was $0.34, reflecting an intraday gain of 2.42% or $0.01. The 52-week high for the SDOT share is $1.12, that puts it down -229.41 from that peak though still a striking 35.29% gain since the share price plummeted to a 52-week low of $0.22. The company’s market capitalization is $19.20M, and the average intraday trading volume over the past 10 days was 0.13 million shares, and the average trade volume was 234.17K shares over the past three months.

Sadot Group Inc (NASDAQ:SDOT) trade information

Sadot Group Inc (SDOT) registered a 2.42% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.42% in intraday trading to $0.34, hitting a weekly high. The stock’s 5-day price performance is -13.31%, and it has moved by -31.02% in 30 days. Based on these gigs, the overall price performance for the year is -69.27%. The short interest in Sadot Group Inc (NASDAQ:SDOT) is 0.15 million shares and it means that shorts have 0.61 day(s) to cover.

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Sadot Group Inc (SDOT) estimates and forecasts

Statistics show that Sadot Group Inc has outperformed its competitors in share price, compared to the industry in which it operates. Sadot Group Inc (SDOT) shares have gone down -0.94% during the last six months, with a year-to-date growth rate more than the industry average at 128.57% against 3.00. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 114.30% this quarter and then jump 225.00% in the quarter after that. In the rating firms’ projections, revenue will decrease -13.00% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 169.5M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 179.66M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 182.17M and 171.23M respectively. In this case, analysts expect current quarter sales to shrink by -7.00% and then jump by 4.90% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 25.76%. While earnings are projected to return 172.73% in 2024.

SDOT Dividends

Sadot Group Inc is due to release its next quarterly earnings on 2024-Nov-12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Sadot Group Inc (NASDAQ:SDOT)’s Major holders

Sadot Group Inc insiders own 30.88% of total outstanding shares while institutional holders control 13.64%, with the float percentage being 19.74%.