Waitr Holdings Inc. (NASDAQ:WTRH) went down by -5.42% from its latest closing price compared to the recent 1-year high of $2.28. The company’s stock price has collected 2.92% of gains in the last five trading sessions.
Is It Worth Investing in Waitr Holdings Inc. (NASDAQ :WTRH) Right Now?
Plus, the 36-month beta value for WTRH is at -0.46. Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for Waitr Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $2.00, which is $1.85 above the current price. WTRH currently public float of 123.03M and currently shorts hold a 6.29% ratio of that float. Today, the average trading volume of WTRH was 2.49M shares.
WTRH’s Market Performance
WTRH stocks went up by 2.92% for the week, with a monthly drop of -32.88% and a quarterly performance of -64.14%, while its annual performance rate touched -92.24%. The volatility ratio for the week stands at 17.76% while the volatility levels for the past 30 days are set at 13.46% for Waitr Holdings Inc. The simple moving average for the period of the last 20 days is -13.00% for WTRH stocks with a simple moving average of -78.72% for the last 200 days.
Analysts’ Opinion of WTRH
Many brokerage firms have already submitted their reports for WTRH stocks, with The Benchmark Company repeating the rating for WTRH by listing it as a “Buy.” The predicted price for WTRH in the upcoming period, according to The Benchmark Company is $4 based on the research report published on August 10th of the previous year 2021.
B. Riley Securities, on the other hand, stated in their research note that they expect to see WTRH reach a price target of $1.75. The rating they have provided for WTRH stocks is “Neutral” according to the report published on August 10th, 2021.
Deutsche Bank gave a rating of “Buy” to WTRH, setting the target price at $4 in the report published on March 08th of the previous year.
WTRH Trading at -33.11% 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 -93.50% of loss for the given period.
Volatility was left at 13.46%, however, over the last 30 days, the volatility rate increased by 17.76%, as shares sank -26.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -53.10% lower at present.
During the last 5 trading sessions, WTRH rose by +2.92%, which changed the moving average for the period of 200-days by -88.42% in comparison to the 20-day moving average, which settled at $0.1677. In addition, Waitr Holdings Inc. saw -79.97% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at WTRH starting from Green Jonathan, who sale 157,870 shares at the price of $0.15 back on Jun 07. After this action, Green Jonathan now owns 1,061,896 shares of Waitr Holdings Inc., valued at $23,933 using the latest closing price.
Green Jonathan, the Director of Waitr Holdings Inc., sale 101,687 shares at $0.17 during a trade that took place back on Jun 06, which means that Green Jonathan is holding 1,219,766 shares at $17,327 based on the most recent closing price.
Stock Fundamentals for WTRH
Current profitability levels for the company are sitting at:
- -3.08 for the present operating margin
- +33.04 for the gross margin
The net margin for Waitr Holdings Inc. stands at -2.87. Equity return is now at value -76.70, with -34.10 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.92.