The ONE Group Hospitality, Inc. (NASDAQ:STKS) CEO Emanuel N. Hilario sold 18,736 shares of the business’s stock in a transaction that occurred on Monday, June 7th. The stock was sold at an average price of $11.59, for a total value of $217,150.24. Following the sale, the chief executive officer now owns 1,300,785 shares of the company’s stock, valued at approximately $15,076,098.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of NASDAQ STKS opened at $12.81 on Friday. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.71 and a current ratio of 0.76. The ONE Group Hospitality, Inc. has a twelve month low of $1.25 and a twelve month high of $13.21. The company has a 50 day moving average price of $9.83. The stock has a market capitalization of $386.41 million, a PE ratio of -45.75 and a beta of 2.60.
The ONE Group Hospitality (NASDAQ:STKS) last issued its quarterly earnings data on Tuesday, May 11th. The restaurant operator reported $0.05 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.03. The ONE Group Hospitality had a positive return on equity of 1.80% and a negative net margin of 5.38%. The company had revenue of $50.48 million during the quarter, compared to analysts’ expectations of $50.00 million. Equities analysts predict that The ONE Group Hospitality, Inc. will post 0.41 EPS for the current year.
A number of hedge funds and other institutional investors have recently modified their holdings of STKS. Cubist Systematic Strategies LLC purchased a new stake in The ONE Group Hospitality in the first quarter valued at approximately $89,000. Morgan Stanley acquired a new position in shares of The ONE Group Hospitality in the first quarter valued at approximately $97,000. Squarepoint Ops LLC acquired a new position in shares of The ONE Group Hospitality in the fourth quarter valued at approximately $111,000. Northern Trust Corp increased its holdings in shares of The ONE Group Hospitality by 81.1% in the fourth quarter. Northern Trust Corp now owns 37,982 shares of the restaurant operator’s stock valued at $141,000 after purchasing an additional 17,013 shares during the period. Finally, Jane Street Group LLC acquired a new position in shares of The ONE Group Hospitality in the first quarter valued at approximately $150,000. Institutional investors own 7.26% of the company’s stock.
The ONE Group Hospitality Company Profile
The ONE Group Hospitality, Inc, a hospitality company, develops, owns, operates, manages, and licenses restaurants and lounges worldwide. It operates through STK, Kona Grill, and ONE Hospitality segments. The company also provides turn-key food and beverage services for hospitality venues, including hotels, casinos, and other locations.
Further Reading: Understanding Price to Earnings Ratio (PE)
Receive News & Ratings for The ONE Group Hospitality Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The ONE Group Hospitality and related companies with MarketBeat.com's FREE daily email newsletter.