Sadot Group (NASDAQ:SDOT) Posts Earnings Results

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

Sadot Group Stock Performance

Shares of SDOT traded up $0.73 during trading hours on Friday, hitting $11.74. The company had a trading volume of 78,220 shares, compared to its average volume of 1,548,618. The stock has a market capitalization of $7.87 million, a price-to-earnings ratio of -0.04 and a beta of -1.48. The firm has a fifty day moving average price of $20.69 and a 200-day moving average price of $28.22. Sadot Group has a 52-week low of $2.63 and a 52-week high of $260.40.

Analyst Upgrades and Downgrades

SDOT has been the subject of several recent research reports. Wall Street Zen lowered Sadot Group to a “strong sell” rating in a research report on Saturday, June 20th. Weiss Ratings lowered shares of Sadot Group from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Tuesday, May 26th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Institutional Trading of Sadot Group

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

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.