The ONE Group Hospitality with ticker code (STKS) have now 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 3.5 and 3 calculating the average target price we see 3.17. Given that the stocks previous close was at 5.29 this would indicate that there is a downside of -40.1%. The 50 day moving average now sits at 4.57 and the 200 day moving average is 3.17. The market capitalisation for the company is $158m. 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.