Sadot Group (NASDAQ:SDOT) Posts Earnings Results, Misses Expectations By $76.67 EPS

Sadot Group (NASDAQ:SDOT) posted its earnings results on Friday, May 15th. The company reported ($2.67) EPS for the quarter, missing the consensus estimate of $74.00 by ($76.67), Zacks reports. Sadot Group had a negative net margin of 37.82% and a negative return on equity of 963.54%.

Sadot Group Stock Up 5.8%

NASDAQ SDOT opened at $3.28 on Wednesday. The firm has a 50-day moving average price of $20.57 and a two-hundred day moving average price of $41.34. Sadot Group has a 12-month low of $2.63 and a 12-month high of $460.00. The company has a market capitalization of $2.20 million, a P/E ratio of -0.01 and a beta of 0.46.

Analyst Ratings Changes

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

Institutional Investors Weigh In On Sadot Group

A hedge fund recently bought a new position in Sadot Group stock. Jane Street Group LLC bought a new position in shares of Sadot Group Inc. (NASDAQ:SDOT) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 44,139 shares of the company’s stock, valued at approximately $58,000. Jane Street Group LLC owned approximately 0.60% of Sadot Group as of its most recent filing with the SEC. Institutional investors own 13.27% of the company’s stock.

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.