STKS Stock Summary and Trading Ideas (One Group Hospitality | NASDAQ:STKS)

The One Group Hospitality Inc is a restaurant company that develops, owns and operates, manages and licenses upscale and polished casual, high-energy restaurants and lounges and provides turn-key food and beverage (F&B) services for hospitality venues, including hotels, casinos, and other high-end locations internationally. The company operates through four segments: STK, Kona Grill, ONE Hospitality, and Corporate. The company generates the vast majority of its revenue from the domestic market.

One Group Hospitality trades on the NASDAQ stock market under the symbol STKS.

As of May 14, 2024, STKS stock price climbed to $5.82 with 32,444 million shares trading.

STKS has a beta of 1.17, meaning it tends to be more sensitive to market movements. STKS has a correlation of 0.06 to the broad based SPY ETF.

STKS has a market cap of $182.86 million. This is considered a Micro Cap stock.

Last quarter One Group Hospitality reported $85 million in Revenue and -$.02 earnings per share. This fell short of revenue expectation by $-3 million and missed earnings estimates by -$.05.

In the last 3 years, STKS stock traded as high as $16.44 and as low as $3.21.

The top ETF exchange traded funds that STKS belongs to (by Net Assets): VTI, IWM, VXF, AVUV, IWO.

STKS stock has underperformed the market in the last year with a return of -15.4%, while SPY returned +28.4%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in STKS shares. However, STKS has outperformed the market in the last 3 month and 2 week periods, returning +49.2% and +4.1%, while SPY returned +5.9% and +2.3%, respectively. This indicates STKS has been having a stronger performance recently.

STKS support price is $5.46 and resistance is $6.00 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that STKS stock will trade within this expected range on the day.