Stock Rating Upgrade
The Value Trend Rating for The ONE Group Hospitality Inc (NASDAQ: STKS) improved in the last week from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
The ONE Group Hospitality Inc (NASDAQ: STKS) stock declined by -2.9% on 10/25/24. The shares closed at $3.34. However, trading volume in this decline was below average at 75% of normal. The stock has been weak relative to the market over the last nine months and has declined -11.9% during the last week.
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 C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. ONE Group Hospitality has a good Appreciation Score of 78 but a very low Power Rating of 10, and the Low Neutral Value Trend Rating results.
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