The ONE Group Hospitality Inc (NASDAQ: STKS) stock enjoyed a major increase of 18.8% on 5/9/24. The shares closed at $5.50. Moreover, exceptionally high trading volume at 217% of normal accompanied the advance. The stock has risen 7.0% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, STKS is expected to continue to be a modest Value Builder.
ONE Group Hospitality has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. ONE Group Hospitality has a slightly negative Appreciation Score of 34 and a poor Power Rating of 18, with the Lowest Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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