The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. ONE Group Hospitality Inc shares valued at $11,666 were purchased by Segal Jonathan on Nov 20 ’24. At $3.07 per share, Segal Jonathan acquired 3,800 shares. The insider’s holdings grew to 3,150,074 shares worth approximately $9.07 million following the completion of this transaction.
Also, Segal Jonathan purchased 1,200 shares, netting a total of over 3,540 in proceeds. Following the buying of shares at $2.95 each, the insider now holds 3,146,274 shares.
Before that, Segal Jonathan had added 8,000 shares to its account. In a trade valued at $24,640, the Director bought ONE Group Hospitality Inc shares for $3.08 each. Upon closing the transaction, the insider’s holdings increased to 8,000 shares, worth approximately $9.06 million.
Analysts at Wedbush downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in late December. As of September 23, 2022, Stephens has initiated its “an Overweight” rating for STKS. Earlier on July 19, 2022, ROTH Capital initiated its rating. Their recommendation was “a Buy” for STKS stock.
Analyzing STKS Stock Performance
During the last five days, there has been a drop of approximately -0.69%. Over the course of the year, ONE Group Hospitality Inc shares have dropped approximately -0.69%. Shares of the company reached a 52-week high of $3.11 on 01/07/25 and a 52-week low of $2.78 on 01/02/25. A 50-day SMA is recorded $3.18, while a 200-day SMA reached $4.15. Nevertheless, trading volume fell to 60706.0 shares from 64500.0 shares the previous day.
Support And Resistance Levels for ONE Group Hospitality Inc (STKS)
According to the 24-hour chart, there is a support level at 2.80, which, if violated, would cause prices to drop to 2.72. In the upper region, resistance lies at 2.99. The next price resistance is at 3.09. RSI (Relative Strength Index) is 42.02 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.07, which suggests the price will decrease in the coming days. Percent R is at 53.49%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
