The ONE Group Hospitality found using ticker (STKS) have now 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 3.5 and 3 and has a mean target at 3.17. Given that the stocks previous close was at 5.55 this now indicates there is a potential downside of -42.9%. The 50 day moving average now sits at 4.4 and the 200 day moving average is 3.05. The company has a market capitalisation of $173m. Visit the company website at: http://www.togrp.com
The ONE Group Hospitality, a hospitality company, develops, owns, and operates 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. Its hospitality food and beverage solutions include developing, managing, and operating restaurants, bars, rooftops, pools, banqueting, catering, private dining rooms, room service, and mini bars. The company operates restaurants primarily under the STK and Kona Grill brands. As of December 31, 2019, the Company owned, operated, managed, or licensed 55 venues, including 20 STKs and 24 Kona Grills in North America, Europe, and the Middle East. The company was founded in 2004 and is headquartered in Denver, Colorado.