Is a Correction Looming Ahead for Waitr Holdings Inc. (WTRH)

Waitr Holdings Inc. (NASDAQ:WTRH) went up by 3.59% from its latest closing price compared to the recent 1-year high of $5.85. The company’s stock price has collected 1.76% of gains in the last five trading sessions. Press Release reported on 08/17/20 that Thinking about buying stock in Waitr Holdings, Mustang Bio, Party City Holdco, General Electric, or Delta Air Lines?

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Is It Worth Investing in Waitr Holdings Inc. (NASDAQ :WTRH) Right Now?

Plus, the 36-month beta value for WTRH is at -2.45. Opinions of the stock are interesting as 3 analysts out of 4 who provided ratings for Waitr Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”


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The average price from analysts is $5.95, which is $2.49 above the current price. WTRH currently public float of 88.40M and currently shorts hold a 10.63% ratio of that float. Today, the average trading volume of WTRH was 4.83M shares.

WTRH’s Market Performance

WTRH stocks went up by 1.76% for the week, with a monthly drop of -15.82% and a quarterly performance of -5.98%, while its annual performance rate touched 174.60%. The volatility ratio for the week stands at 7.40% while the volatility levels for the past 30 days are set at 10.14% for Waitr Holdings Inc.. The simple moving average for the period of the last 20 days is -1.63% for WTRH stocks with a simple moving average of 61.42% for the last 200 days.

Analysts’ Opinion of WTRH

Many brokerage firms have already submitted their reports for WTRH stocks, with B. Riley FBR repeating the rating for WTRH by listing it as a “Buy.” The predicted price for WTRH in the upcoming period, according to B. Riley FBR is $8 based on the research report published on July 22nd of the current year 2020.

Craig Hallum gave a rating of “Buy” to WTRH, setting the target price at $2 in the report published on April 17th of the current year.

WTRH Trading at -18.55% from the 50-Day Moving Average

After a stumble in the market that brought WTRH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -40.85% of loss for the given period.

Volatility was left at 10.14%, however, over the last 30 days, the volatility rate increased by 7.40%, as shares sank -11.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -29.96% lower at present.

During the last 5 trading sessions, WTRH rose by +1.76%, which changed the moving average for the period of 200-days by +817.77% in comparison to the 20-day moving average, which settled at $3.50. In addition, Waitr Holdings Inc. saw 974.53% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at WTRH starting from Meaux Christopher, who sale 93,517 shares at the price of $2.17 back on Jun 04. After this action, Meaux Christopher now owns 3,593,708 shares of Waitr Holdings Inc., valued at $202,932 using the latest closing price.

Meaux Christopher, the Director of Waitr Holdings Inc., sale 45,716 shares at $2.30 during a trade that took place back on Jun 03, which means that Meaux Christopher is holding 3,687,225 shares at $105,147 based on the most recent closing price.

Stock Fundamentals for WTRH

Current profitability levels for the company are sitting at:

  • -42.70 for the present operating margin
  • +13.83 for the gross margin

The net margin for Waitr Holdings Inc. stands at -151.98. The total capital return value is set at -45.36, while invested capital returns managed to touch -163.37. Equity return is now at value -578.30, with -118.90 for asset returns.

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Based on Waitr Holdings Inc. (WTRH), the company’s capital structure generated 553.76 points at debt to equity in total, while total debt to capital is 84.70. Total debt to assets is 70.88, with long-term debt to equity ratio resting at 538.00. Finally, the long-term debt to capital ratio is 82.29.

When we switch over and look at the enterrpise to sales, we see a ratio of 0.63, with the company’s debt to enterprise value settled at 1.05. The receivables turnover for the company is 55.09 and the total asset turnover is 0.95. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.28.

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