During the last session, ONE Group Hospitality Inc (NASDAQ:STKS)’s traded shares were 0.37 million, with the beta value of the company hitting 2.37. At the end of the trading day, the stock’s price was $3.00, reflecting an intraday loss of -2.28% or -$0.07. The 52-week high for the STKS share is $6.45, that puts it down -115.0 from that peak though still a striking 3.0% gain since the share price plummeted to a 52-week low of $2.91. The company’s market capitalization is $92.56M, and the average intraday trading volume over the past 10 days was 0.12 million shares, and the average trade volume was 112.84K shares over the past three months.
ONE Group Hospitality Inc (STKS) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.67. STKS has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.
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ONE Group Hospitality Inc (NASDAQ:STKS) trade information
ONE Group Hospitality Inc (STKS) registered a -2.28% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.28% in intraday trading to $3.00, hitting a weekly high. The stock’s 5-day price performance is -10.45%, and it has moved by -3.23% in 30 days. Based on these gigs, the overall price performance for the year is -45.95%. The short interest in ONE Group Hospitality Inc (NASDAQ:STKS) is 2.18 million shares and it means that shorts have 15.27 day(s) to cover.
The consensus price target of analysts on Wall Street is $8.5, which implies an increase of 64.71% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $8 and $9 respectively. As a result, STKS is trading at a discount of -200.0% off the target high and -166.67% off the low.
ONE Group Hospitality Inc (STKS) estimates and forecasts
Statistics show that ONE Group Hospitality Inc has underperformed its competitors in share price, compared to the industry in which it operates. ONE Group Hospitality Inc (STKS) shares have gone down -37.11% during the last six months, with a year-to-date growth rate less than the industry average at -79.17% against 0.80.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 4.65%. While earnings are projected to return -155.56% in 2024, the next five years will return 1.20% per annum.
STKS Dividends
ONE Group Hospitality Inc is due to release its next quarterly earnings in January. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
ONE Group Hospitality Inc (NASDAQ:STKS)’s Major holders
ONE Group Hospitality Inc insiders own 16.78% of total outstanding shares while institutional holders control 48.07%, with the float percentage being 57.76%. KANEN WEALTH MANAGEMENT LLC is the largest shareholder of the company, while 99.0 institutions own stock in it. As of 2024-06-30, the company held over 4.82 million shares (or 15.3985% of all shares), a total value of $20.28 million in shares.
The next largest institutional holding, with 1.47 million shares, is of VANGUARD GROUP INC’s that is approximately 4.692% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $6.24 million.
