The ONE Group Hospitality Inc (NASDAQ: STKS) stock suffered a major decline of -18.6% on 11/8/24. The shares closed at $3.19. Moreover, exceptionally high trading volume at 429% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months and has declined -6.7% 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 (Neutral). 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 83 but a poor Power Rating of 20, leading to the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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