ONE Group Hospitality Inc’s filing revealed that its See Explanation of Responses Kanen David acquired Company’s shares for reported $29782.0 on Mar 19 ’24. In the deal valued at $4.19 per share,7,103 shares were bought. As a result of this transaction, Kanen David now holds 393,975 shares worth roughly $1.89 million.
Then, Kanen David bought 73,733 shares, generating $310,659 in total proceeds. Upon buying the shares at $4.21, the See Explanation of Responses now owns 386,872 shares.
Before that, Kanen David bought 191,585 shares. ONE Group Hospitality Inc shares valued at $719,057 were divested by the See Explanation of Responses at a price of $3.75 per share. As a result of the transaction, Kanen David now holds 313,139 shares, worth roughly $1.5 million.
A number of analysts have revised their coverage, including Wedbush’s analysts, who decreased its forecast for the stock in late December from “an Outperform” to “a Neutral”. Stephens began covering STKS with “an Overweight” recommendation on September 23, 2022. ROTH Capital started covering the stock on July 19, 2022. It rated STKS as “a Buy”.
Price Performance Review of STKS
On Tuesday, ONE Group Hospitality Inc [NASDAQ:STKS] saw its stock fall -1.03% to $4.80. Over the last five days, the stock has lost -10.45%. ONE Group Hospitality Inc shares have fallen nearly -21.57% since the year began. Nevertheless, the stocks have fallen -36.76% over the past one year. While a 52-week high of $8.02 was reached on 01/03/24, a 52-week low of $3.21 was recorded on 03/15/24. SMA at 50 days reached $4.76, while 200 days put it at $5.25. A total of 0.49 million shares were traded, compared to the trading of 98200.0 shares in the previous session.
Levels Of Support And Resistance For STKS Stock
The 24-hour chart illustrates a support level at 4.61, which if violated will result in even more drops to 4.41. On the upside, there is a resistance level at 5.00. A further resistance level may holdings at 5.19. The Relative Strength Index (RSI) on the 14-day chart is 41.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.90%. Stochastics %K at 13.46% indicates the stock is a buying.
The most recent change occurred on January 05, 2022 when Wedbush began covering the stock and recommended ‘”an Outperform”‘ rating along with a $20 price target.
