One Group Hospitality Inc (STKS) Releases Earnings Results, Misses Estimates By $0.01 EPS
One Group Hospitality Inc (OTCMKTS:STKS) issued its quarterly earnings results on Monday. The restaurant operator reported ($0.02) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by $0.01. The firm had revenue of $20.43 million for the quarter, compared to analyst estimates of $18.84 million.
Shares of One Group Hospitality (OTCMKTS:STKS) traded down 0.94% on Tuesday, hitting $2.11. 2,018 shares of the stock traded hands. The stock has a 50 day moving average of $2.06 and a 200 day moving average of $2.09. The company’s market cap is $52.86 million. One Group Hospitality has a one year low of $1.47 and a one year high of $3.43.
An institutional investor recently raised its position in One Group Hospitality stock. Vanguard Group Inc. increased its stake in shares of One Group Hospitality Inc (OTCMKTS:STKS) by 345.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 88,474 shares of the restaurant operator’s stock after buying an additional 68,600 shares during the period. Vanguard Group Inc.’s holdings in One Group Hospitality were worth $168,000 at the end of the most recent reporting period.
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One Group Hospitality Company Profile
The ONE Group Hospitality, Inc, formerly Committed Capital Acquisition Corporation, is a hospitality company. The Company develops, owns and operates restaurants and lounges, and provides food and beverage services for hospitality venues, including hotels, casinos and other locations across the globe.
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