Sadot Group Inc (NASDAQ: SDOT)’s stock price has dropped by -13.21 in relation to previous closing price of 0.42. Nevertheless, the company has seen a gain of 2.31% in its stock price over the last five trading days. accesswire.com reported 2024-09-12 that FORT WORTH, TX / ACCESSWIRE / September 12, 2024 / Sadot Group Inc. (NASDAQ:SDOT) (“Sadot” or the “Company”), an emerging player in the global food supply chain sector, today announced that its new Canadian subsidiary, Sadot Canada Inc., initiated its first trades, originating products from Canada and Brazil and selling to India, Algeria, Morocco and Canada. “We reached another major milestone in the expansion of our global operation with the execution of our first trades originating from Sadot Canada,” said Michael Roper, CEO of Sadot.
Is It Worth Investing in Sadot Group Inc (NASDAQ: SDOT) Right Now?
The 36-month beta value for SDOT is also noteworthy at 1.01. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
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The public float for SDOT is 39.08M, and at present, short sellers hold a 0.20% of that float. The average trading volume of SDOT on October 02, 2024 was 219.82K shares.
SDOT’s Market Performance
The stock of Sadot Group Inc (SDOT) has seen a 2.31% increase in the past week, with a -4.81% drop in the past month, and a -14.44% fall in the past quarter. The volatility ratio for the week is 12.23%, and the volatility levels for the past 30 days are at 10.83% for SDOT. The simple moving average for the past 20 days is 0.94% for SDOT’s stock, with a -0.22% simple moving average for the past 200 days.
SDOT Trading at -13.97% 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 -54.56% of loss for the given period.
Volatility was left at 10.83%, however, over the last 30 days, the volatility rate increased by 12.23%, as shares surge +9.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -30.40% lower at present.
During the last 5 trading sessions, SDOT rose by +2.31%, which changed the moving average for the period of 200-days by -9.58% in comparison to the 20-day moving average, which settled at $0.3662. In addition, Sadot Group Inc saw -8.11% 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
Current profitability levels for the company are sitting at:
- -0.02 for the present operating margin
- 0.01 for the gross margin
The net margin for Sadot Group Inc stands at -0.01. The total capital return value is set at -0.47. Equity return is now at value -20.23, with -4.07 for asset returns.
Based on Sadot Group Inc (SDOT), the company’s capital structure generated 0.13 points at debt to capital in total, while cash flow to debt ratio is standing at 0.48. The debt to equity ratio resting at 0.16. The interest coverage ratio of the stock is -10.97.
Currently, EBITDA for the company is -4.09 million with net debt to EBITDA at 0.48. When we switch over and look at the enterprise to sales, we see a ratio of 0.02. The receivables turnover for the company is 5.37for trailing twelve months and the total asset turnover is 3.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.12.
Conclusion
In summary, Sadot Group Inc (SDOT) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
