Alert: Major Price Advance (3/27/24)-The ONE Group Hospitality Inc (NASDAQ: STKS).

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The ONE Group Hospitality Inc (NASDAQ: STKS) stock closed at $5.07 on 3/27/24 after a major increase of 26.4%. Moreover, trading volume in this advance was exceptionally high at 1225% of normal. The stock has risen 17.4% during the last week but has been extremely weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, STKS is expected to be Value Creation neutral.

ONE Group Hospitality has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. ONE Group Hospitality has a poor Appreciation Score of 25 and a poor Power Rating of 16, leading to the Lowest Value Trend Rating.

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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