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What Did We Discover About Insider Trading At The ONE Group Hospitality Inc. (NASDAQ: STKS)?

The ONE Group Hospitality Inc. (NASDAQ:STKS) traded at $6.87 at close of the session on Wednesday, September 21, made a downward move of -2.69% on its previous day’s price.

Looking at the stock we see that its previous close was $7.06 and the beta (5Y monthly) reads 2.41 with the day’s price range being $6.89 – $7.08. The company has a trailing 12-month PE ratio of 9.40. In terms of its 52-week price range, STKS has a high of $16.44 and a low of $6.54. The company’s stock has lost about -18.85% over that past 30 days.

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The ONE Group Hospitality Inc. has a market cap of $233.19 million and is expected to release its quarterly earnings report on Mar 14, 2022 – Mar 18, 2022. Estimates by analysts give the company expected earnings per share (EPS) of $0.17, with the EPS growth for the year raised at $0.74 for 2022 and $0.96 for next year. These figures represent 25.40% and 29.70% growth in EPS for the two years respectively.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $77.57 million, with a low of $76.6 million and a high of $78.2 million. The median projection represents growth squeezing down to 9.60% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2022 is expected to hit $324.85 million, or 17.20% up from figures reported last year.

There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the STKS stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.

Looking further, we note that the PEG ratio for the STKS stock currently stands at 7.83, and the current price level is -7.54% off its SMA20 and -12.92% from its 50-day simple moving average. The RSI (14) is pointing at 38.12 while the volatility over the past week is 5.83% and jumps to 5.79% over the past one month. The beta value is 2.39, while the average true range (ATR) is currently pointing at 0.41.

Let’s briefly compare The ONE Group Hospitality Inc. (STKS) stock to its peers. We find that current price change of -2.69% and -36.28% over the past 12 months for STKS competes that of Darden Restaurants Inc. (DRI), which has seen its stock price rise 0.98% in the last trading session and was -10.72% over the last one year. Another of its peers Ruth’s Hospitality Group Inc. (RUTH) has gained 1.35% previous session, and was -15.69% down over the past year, while Bloomin’ Brands Inc. (BLMN) was also up 1.43% in the last session, while its price remained in the red at -18.25% over the same period. The ONE Group Hospitality Inc. has a P/E ratio of 9.40 compared to Darden Restaurants Inc.’s 17.90 and Ruth’s Hospitality Group Inc.’s 13.94. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial were at 0.46% and 0.45%, respectively, at close of the trading.

Coming back to The ONE Group Hospitality Inc. (NASDAQ:STKS), we note that the average 3-month trading volume was 101.17K, while that of the preceding 10-day period stands at 0.15 million. Current shares outstanding are 32.60 million.

The insiders hold 21.10% of the company’s shares while institutions hold 42.90%. The data shows that short shares as of Jul 14, 2022, stood at 0.62 million at a short ratio of 7.11. This represents a 1.90% short interest in shares outstanding on Jul 14, 2022. Shares short fall in July from the previous month at 0.64 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -44.01% down in year-to-date price movement.

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