The stock of Sadot Group Inc (NASDAQ: SDOT) has decreased by -5.72 when compared to last closing price of 0.27.Despite this, the company has seen a loss of -7.90% in its stock price over the last five trading days. Accesswire reported 2024-03-18 that FORT WORTH, TX / ACCESSWIRE / March 18, 2024 / Sadot Group Inc. (NASDAQ:SDOT) (the “Sadot Group” or the “Company”), an emerging player in the global food supply chain sector, today announced that the Company plans to file their results for the full year end of 2023, on Wednesday March 20th, 2024. Sadot Group Inc. will then follow up their SEC filing by hosting an associated conference call on Thursday March 21st, 2024, at 11:00 AM Eastern Daylight Time to discuss the results with its management team.
Is It Worth Investing in Sadot Group Inc (NASDAQ: SDOT) Right Now?
SDOT has 36-month beta value of 0.96.
The public float for SDOT is 32.41M, and currently, short sellers hold a 0.14% ratio of that float. The average trading volume of SDOT on May 02, 2024 was 162.03K shares.
SDOT’s Market Performance
SDOT’s stock has seen a -7.90% decrease for the week, with a -17.11% drop in the past month and a -21.69% fall in the past quarter. The volatility ratio for the week is 10.15%, and the volatility levels for the past 30 days are at 11.14% for Sadot Group Inc The simple moving average for the past 20 days is -8.76% for SDOT’s stock, with a -58.39% simple moving average for the past 200 days.
SDOT Trading at -20.79% from the 50-Day Moving Average
After a stumble in the market that brought SDOT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -84.03% of loss for the given period.
Volatility was left at 11.14%, however, over the last 30 days, the volatility rate increased by 10.15%, as shares sank -19.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -28.96% lower at present.
During the last 5 trading sessions, SDOT fell by -7.90%, which changed the moving average for the period of 200-days by -78.90% in comparison to the 20-day moving average, which settled at $0.2767. In addition, Sadot Group Inc saw -36.25% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SDOT starting from Errington David, who purchase 10,000 shares at the price of $0.40 back on Dec 12 ’23. After this action, Errington David now owns 30,156 shares of Sadot Group Inc, valued at $3,986 using the latest closing price.
Black Jennifer Kay, the Chief Financial Officer of Sadot Group Inc, purchase 10,000 shares at $0.52 during a trade that took place back on Nov 30 ’23, which means that Black Jennifer Kay is holding 60,800 shares at $5,200 based on the most recent closing price.
Stock Fundamentals for SDOT
Equity return is now at value -41.86, with -7.62 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.08.
Conclusion
To put it simply, Sadot Group Inc (SDOT) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
