Sadot Group Inc. (NASDAQ:SDOT - Get Free Report) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 10,000 shares, a drop of 93.3% from the September 30th total of 150,200 shares. Approximately 0.3% of the company's stock are short sold. Based on an average daily volume of 28,400 shares, the short-interest ratio is currently 0.4 days.
Sadot Group Price Performance
NASDAQ SDOT traded down $0.67 during trading on Friday, reaching $2.84. 117,162 shares of the company's stock traded hands, compared to its average volume of 26,153. The firm has a market cap of $155.43 million, a price-to-earnings ratio of -16.83 and a beta of 1.02. The company's 50 day simple moving average is $3.74 and its two-hundred day simple moving average is $3.67. Sadot Group has a 12-month low of $2.24 and a 12-month high of $7.70.
Sadot Group (NASDAQ:SDOT - Get Free Report) last posted its earnings results on Tuesday, August 13th. The company reported ($0.20) EPS for the quarter, meeting analysts' consensus estimates of ($0.20). The business had revenue of $175.04 million for the quarter, compared to the consensus estimate of $168.00 million. Sadot Group had a negative net margin of 0.76% and a negative return on equity of 19.05%. Research analysts expect that Sadot Group will post 0.04 earnings per share for the current fiscal year.
About Sadot Group
(
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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.
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