Promising Restaurant Stocks To Keep An Eye On – May 12th

Alibaba Group, Uber Technologies, and Berkshire Hathaway are the three Restaurant stocks to watch today, according to MarketBeat’s stock screener tool. Restaurant stocks are the publicly traded shares of companies that own and operate eating-out establishments—ranging from fast-food chains and casual-dining restaurants to upscale or specialty venues. Buying these stocks gives investors a stake in the restaurant industry’s performance, which is driven by factors like consumer dining habits, food and labor costs, location growth and brand strength. These companies had the highest dollar trading volume of any Restaurant stocks within the last several days.

Alibaba Group (BABA)

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.

Shares of NYSE:BABA traded up $8.24 during mid-day trading on Monday, hitting $133.57. The company had a trading volume of 16,967,553 shares, compared to its average volume of 20,616,788. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.48 and a quick ratio of 1.48. The firm has a fifty day moving average price of $124.36 and a 200 day moving average price of $106.28. Alibaba Group has a one year low of $71.80 and a one year high of $148.43. The company has a market capitalization of $318.96 billion, a PE ratio of 19.27, a price-to-earnings-growth ratio of 0.61 and a beta of 0.24.

Uber Technologies (UBER)

Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.

UBER traded up $4.20 during trading hours on Monday, hitting $87.01. The stock had a trading volume of 24,875,424 shares, compared to its average volume of 20,172,923. The stock has a market cap of $181.95 billion, a PE ratio of 19.13, a price-to-earnings-growth ratio of 0.89 and a beta of 1.43. Uber Technologies has a 1 year low of $54.84 and a 1 year high of $87.50. The company’s fifty day simple moving average is $74.72 and its 200 day simple moving average is $71.48. The company has a quick ratio of 1.41, a current ratio of 1.07 and a debt-to-equity ratio of 0.37.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

NYSE BRK.B traded down $2.09 on Monday, hitting $511.65. The company’s stock had a trading volume of 3,882,478 shares, compared to its average volume of 4,252,887. Berkshire Hathaway has a 52-week low of $401.58 and a 52-week high of $542.07. The firm has a market cap of $1.10 trillion, a P/E ratio of 10.32, a PEG ratio of 3.45 and a beta of 0.88. The company’s 50-day simple moving average is $518.53 and its 200 day simple moving average is $484.92.