Sadot Group (NASDAQ:SDOT) Issues Earnings Results

Sadot Group (NASDAQ:SDOTGet Free Report) issued its earnings results on Friday. The company reported $71.58 EPS for the quarter, FiscalAI reports. Sadot Group had a negative net margin of 37.82% and a negative return on equity of 963.54%.

Sadot Group Price Performance

NASDAQ:SDOT opened at $11.74 on Friday. Sadot Group has a 1-year low of $2.63 and a 1-year high of $260.40. The company has a 50-day moving average of $20.68 and a 200 day moving average of $28.11. The firm has a market cap of $7.87 million, a PE ratio of -0.04 and a beta of -1.48.

Institutional Inflows and Outflows

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:SDOTFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 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 filing with the Securities and Exchange Commission. 13.27% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently issued reports on SDOT. Weiss Ratings lowered Sadot Group from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, May 26th. Wall Street Zen downgraded Sadot Group to a “strong sell” rating in a report on Saturday, June 20th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Sadot Group has a consensus rating of “Sell”.

Read Our Latest Report on SDOT

About Sadot Group

(Get Free Report)

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.

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Earnings History for Sadot Group (NASDAQ:SDOT)

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