Sadot Group Inc. (NASDAQ:SDOT – Get Free Report) was the target of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 46,500 shares, a drop of 62.5% from the March 31st total of 124,100 shares. Based on an average daily trading volume, of 186,800 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are sold short.
Sadot Group Stock Performance
Shares of NASDAQ:SDOT remained flat at $0.27 during midday trading on Friday. The company had a trading volume of 12,188 shares, compared to its average volume of 131,968. The company has a quick ratio of 1.05, a current ratio of 1.08 and a debt-to-equity ratio of 0.03. Sadot Group has a twelve month low of $0.22 and a twelve month high of $1.60. The stock’s 50-day moving average is $0.33 and its two-hundred day moving average is $0.43. The company has a market cap of $13.99 million, a P/E ratio of -1.29 and a beta of 0.96.
Sadot Group (NASDAQ:SDOT – Get Free Report) last announced its quarterly earnings data on Wednesday, March 20th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.07). Sadot Group had a negative return on equity of 21.34% and a negative net margin of 1.08%. The firm had revenue of $171.23 million for the quarter, compared to analysts’ expectations of $182.10 million. As a group, equities analysts anticipate that Sadot Group will post -0.1 EPS for the current year.
Analysts Set New Price Targets
Read Our Latest Research Report on SDOT
Institutional Trading of Sadot Group
A hedge fund recently bought a new stake in Sadot Group stock. Gladstone Institutional Advisory LLC acquired a new position in shares of Sadot Group Inc. (NASDAQ:SDOT – Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 145,000 shares of the company’s stock, valued at approximately $58,000. Gladstone Institutional Advisory LLC owned approximately 0.31% of Sadot Group at the end of the most recent quarter. Institutional investors and hedge funds own 13.27% of the company’s stock.
About Sadot Group
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.
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