Sadot Group (NASDAQ:SDOT) Upgraded by Wall Street Zen to “Sell” Rating

Wall Street Zen upgraded shares of Sadot Group (NASDAQ:SDOT) from a strong sell rating to a sell rating in a research report report published on Saturday.

Separately, Weiss Ratings lowered 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, According to data from MarketBeat, Sadot Group presently has an average rating of “Sell”.

Sadot Group Price Performance

NASDAQ SDOT opened at $13.18 on Friday. The company’s 50 day simple moving average is $19.64 and its two-hundred day simple moving average is $26.20. Sadot Group has a 1 year low of $2.63 and a 1 year high of $260.40. The stock has a market capitalization of $8.83 million, a PE ratio of -0.03 and a beta of -1.48.

Sadot Group (NASDAQ:SDOT) last released its quarterly earnings results on Friday, August 14th. The company reported $71.58 EPS for the quarter. Sadot Group had a negative net margin of 37.82% and a negative return on equity of 963.54%.

Institutional Investors Weigh In On Sadot Group

An institutional investor recently bought a new stake in Sadot Group stock. Jane Street Group LLC purchased a new position in Sadot Group Inc. (NASDAQ:SDOT) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 44,139 shares of the company’s stock, valued at approximately $58,000. Jane Street Group LLC owned approximately 0.60% of Sadot Group at the end of the most recent reporting period. Hedge funds and other institutional investors own 13.27% of the company’s stock.

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.