Sadot Group (NASDAQ:SDOT) Stock Rating Lowered by Wall Street Zen

Sadot Group (NASDAQ:SDOT) was downgraded by stock analysts at Wall Street Zen to a “strong sell” rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings lowered Sadot Group from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, May 26th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Sadot Group Stock Performance

NASDAQ:SDOT opened at $16.18 on Friday. Sadot Group has a 12 month low of $2.63 and a 12 month high of $460.00. The company has a market cap of $10.84 million, a PE ratio of -0.05 and a beta of 0.46. The company has a 50 day simple moving average of $15.94 and a two-hundred day simple moving average of $36.18.

Sadot Group (NASDAQ:SDOT) last announced its earnings results on Friday, May 15th. The company reported ($2.67) earnings per share for the quarter, missing analysts’ consensus estimates of $74.00 by ($76.67). Sadot Group had a negative net margin of 37.82% and a negative return on equity of 963.54%.

Institutional Trading of Sadot Group

An institutional investor recently bought a new stake in Sadot Group stock. Jane Street Group LLC purchased a new position in Sadot Group Inc. (NASDAQ:SDOT) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 44,139 shares of the company’s stock, valued at approximately $58,000. Jane Street Group LLC owned 0.60% of Sadot Group at the end of the most recent quarter. 13.27% of the stock is owned by institutional investors and hedge funds.

Sadot Group Company Profile

Sadot Group Inc provides supply chain solutions that address growing food security challenges worldwide. The company is involved in the agri-commodity sourcing and trading operations for food/feed products, such as soybean meal, wheat, and corn; and farm operations, including producing grains and tree crops in Southern Africa. The company is also involved in the food service operations across the United States. The company was formerly known as Muscle Maker Inc and changed its name to Sadot Group Inc Sadot Group Inc was incorporated in 2019 and is headquartered in Fort Worth, Texas.