Stock Rating Downgrade
In the last week the Value Trend Rating for The ONE Group Hospitality Inc (NASDAQ: STKS) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
The ONE Group Hospitality Inc (NASDAQ: STKS) stock closed at $3.82 on 10/18/24 after a modest gain of 0.8%. This advance was accompanied by normal trading volume. The stock has risen 11.4% during the last week but has been 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 D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. ONE Group Hospitality has a good Appreciation Score of 73 but a very low Power Rating of 11, and the Negative Value Trend Rating results.
Be the first to comment