Waitr Holdings Inc. (NASDAQ:WTRH) trading with a subtraction of -$0.14 to $1.13 on Thursday, a downside of -11.02 percent. An average of 39,262,250 shares of common stock have been traded in the last five days. There was a gain of $0.2989 in the past week, and it reached a new high 6 times over the past 12 months. The last 20 days have seen an average of 11,970,662 shares traded, while the 50-day average volume stands at 8,670,123.
WTRH stock has increased by 36.94% in the last month. The company shares reached their 1-month lowest point of $0.8009 on 10/12/21. With the stock rallying to its 52-week high on 02/04/21, shares of the company touched a low of $0.80 and a high of $4.57 in 52 weeks. It has reached a new high 11 times so far this year and lost -54.32% or -$1.6250 in price. In spite of this, the price is down -75.27% from the 52-week high.
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35 days have passed since Waitr Holdings Inc. (WTRH) last reported insider trading activity. Green Jonathan, who is Director, most recently acquired $3,735,241 shares at $1.01 per share on Sep 09. In this transaction, the insider spent $3,756,325. Director, Green Jonathan, disposed of 836,334 shares at a price of $1.10 on Sep 08. The insider now owns more than $920,385 worth of shares. Prior to that, Director SCHEINTHAL STEVEN L went on to Sale 50,000 shares at $1.08 each on Sep 08. An amount of $54,000 was transacted.
Waitr Holdings Inc. (WTRH) has a trailing price-to-earnings (P/E) ratio of 29.20 for the broader industry and 37.90 for the sector. In the last five years, Waitr Holdings Inc.’s PE ratio has ranged between 31.85 and 13.77. The stock’s beta is -1.82. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.78, the price-to-book (PB) ratio at 1.59, and the price-to-cash flow ratio at 6.57.
The quick ratio of Waitr Holdings Inc. for the three months ended June 29 was 1.60, and the current ratio was 1.60, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.87 and a total debt to equity ratio of 0.93 for the quarter ending June 29. Waitr Holdings Inc.’s EBITDA margin for the year ending June 29 is 17.67%, while its operating margin for the same period stands at 6.00%. Its gross profit as reported stood at $95.09 million compared to revenue of $204.33 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Waitr Holdings Inc.’s return on assets was -0.90%, compared to -41.2% over the last five years. For the broader industry, ROE averaged 3.34 over the past year.
In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$5.64 million in the quarter, while revenues of -$3.71 million were grew 288.83%. The analyst consensus anticipated Waitr Holdings Inc.’s latest quarter earnings to come in at $0.02 per share, but it turned out to be -$0.05, a -350.00% surprise. For the quarter, EBITDA amounted to $0.47 million. Shareholders own equity worth $117.08 million.
From a technical analysis perspective, let’s take a brief look at Waitr Holdings Inc. (WTRH) price momentum. RSI 9-day as of the close on 13 October was 64.32%, suggesting the stock is Neutral, with historical volatility in this time frame at 245.76%.
As of today, WTRH’s price is $0.9800 +34.91% or $0.2989 from its 5-day moving average. WTRH is currently trading +18.00% higher than its 20-day SMA and -41.37% lower than its 100-day SMA. However, the stock’s current price level is -32.06% below the SMA50 and -61.75% below the SMA200.
The stochastic %K and %D were 49.17% and 29.84%, respectively, and the average true range (ATR) was 0.1148. With the 14-day stochastic at 63.33% and the average true range at 0.1037, the RSI (14) stands at 58.68%. The stock has reached 0.1519 on the 9-day MACD Oscillator while the 14-day reading was at 0.1528.
The Benchmark Company reiterated its a Buy rating on Waitr Holdings Inc. (NASDAQ: WTRH), but raised their price target to $5, indicating a potential price increase of 342.48% for the stock.The consensus rating for Waitr Holdings Inc. (WTRH) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell WTRH, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 2 others rate it as a “buy”.
What is WTRH’s price target for the next 12 months?
Analysts predict a range of price targets between $3.00 and $4.00, with a median target of $3.50. Taking a look at these predictions, the average price target given by analysts for Waitr Holdings Inc. (WTRH) stock is $3.50.