Wall Street Zen Upgrades Sadot Group (NASDAQ:SDOT) to “Sell”

Sadot Group (NASDAQ:SDOT) was upgraded by research analysts at Wall Street Zen from a “strong sell” rating to a “sell” rating in a report issued on Saturday.

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

Sadot Group Price Performance

Sadot Group stock opened at $13.18 on Friday. The business’s 50-day simple moving average is $19.64 and its 200 day simple moving average is $25.94. The stock has a market cap of $8.83 million, a price-to-earnings ratio of -0.03 and a beta of -1.48. Sadot Group has a 12-month low of $2.63 and a 12-month high of $260.40.

Sadot Group (NASDAQ:SDOT) last announced its quarterly earnings data on Friday, August 14th. The company reported $71.58 earnings per share for the quarter. Sadot Group had a negative return on equity of 963.54% and a negative net margin of 37.82%.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Sadot Group stock. Jane Street Group LLC acquired a new position in shares of Sadot Group Inc. (NASDAQ:SDOT) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 44,139 shares of the company’s stock, valued at approximately $58,000. Jane Street Group LLC owned 0.60% of Sadot Group as of its most recent SEC filing. Hedge funds and other institutional investors 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. 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.