The ONE Group (NASDAQ:STKS) was upgraded by ValuEngine from a “sell” rating to a “hold” rating in a research report issued on Friday.
Shares of STKS opened at $2.58 on Friday. The company has a debt-to-equity ratio of 2.66, a current ratio of 0.51 and a quick ratio of 0.45. The ONE Group has a 52 week low of $1.32 and a 52 week high of $3.10.
In related news, insider David Kanen acquired 11,400 shares of the firm’s stock in a transaction on Monday, February 5th. The stock was purchased at an average cost of $2.20 per share, with a total value of $25,080.00. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have acquired a total of 304,971 shares of company stock valued at $679,596 over the last three months. Corporate insiders own 35.93% of the company’s stock.
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About The ONE Group
The ONE Group Hospitality, Inc, a hospitality company, develops, owns, and operates restaurants and lounges worldwide. It operates in three segments: STK Units, Food and Beverage Hospitality Management Agreements, and Other Concepts. The company also provides turn-key food and beverage services for hospitality venues, including hotels, casinos, and other locations.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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