The stock of Waitr Holdings Inc. (NASDAQ:WTRH) decreased by decreased by -$0.14 on Friday to finish at $1.46, down -8.75 percent. The last five days have seen an average of 29,599,840 shares of common stock traded. 11 times new highs were reached in the current year, with a fall of -$1.3200. The average number of shares traded over the last 20 days was 24,421,895, while the average volume over the last 50 days totaled 13,200,098.
WTRH stock appreciated 44.55% since last month. On 10/12/21, the company’s shares reached a one-month low of $0.8009. The stock touched a high of $4.57 on 02/04/21, after rallying from a low of $0.80 in 52 weeks. The price of WTRH stock has declined by -47.48% or -$1.3200 this year, reaching a new high 11 times. Still, the stock price is down -68.05% from the 52-week high.
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There have been 46 days since Waitr Holdings Inc. (WTRH) last reported insider trading activity on Sep 09. On Sep 09, Director Green Jonathan sold 3,735,241 shares at $1.01 each. This transaction resulted in the insider making $3,756,325. On Sep 08, Green Jonathan sold 836,334 shares at a price of US$1.10. After the transaction, the insider now owns 3,735,241 shares. Director SCHEINTHAL STEVEN L had earlier sold 50,000 shares on Sep 08 for $1.08 a share. The transaction was completed for $54,000.
The PE ratio of Waitr Holdings Inc. has varied between 31.85 and 13.77 in the last five years. Beta for the stock is -1.50. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.96, the price-to-book (PB) ratio of 1.83, and the price-to-cash flow ratio of 8.13.
For the three months ended June 29, Waitr Holdings Inc.’s quick ratio was 1.60, while its current ratio was 1.60, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.87, and the total debt to equity ratio is 0.93. Waitr Holdings Inc.’s EBITDA margin for the year ended June 29 was 17.67%, whereas its operating margin stood at 6.00% for the same period. Based on annual data, it had gross profit of $95.09 million and revenue of $204.33 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. WTRH’s return on assets (ROA) during the last 12 months has been -0.90%. There was a 14.60% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -2.30%. ROE has averaged 3.34 in the past year for the broader industry.
According to Waitr Holdings Inc.’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $49.17 million, while revenues fell by -23.06% to $50.93 million. It was predicted that Waitr Holdings Inc.’s quarterly earnings would be -$0.05, but it ended up being $0.02. EBITDA was $0.47 million for the quarter. At the end of Waitr Holdings Inc.’s most recent quarter ended June 29, its liabilities totaled 148.93 million, while its total debt was $91.9 million. Equity owned by shareholders amounts to $117.08 million.
Here’s a quick look at Waitr Holdings Inc.’s (WTRH) price momentum from a technical perspective. As of 22 October, the RSI 9-day stood at 63.40%, suggesting the stock is Neutral, with a 310.41% historical volatility rate.
The stochastic %K and %D were 77.13% and 74.88% respectively, while the average true range (ATR) was 0.2012. Based on the 14-day stochastic reading of 74.13%, the RSI (14) reading is 61.72%. On the 9-day MACD Oscillator, the stock is at 0.1665, and the 14-day reading is at 0.3360.
In a note to investors, The Benchmark Company maintained its a Buy rating on Waitr Holdings Inc. (NASDAQ: WTRH). However, the firm raised their price target to $4, indicating a possible increase of 70.8% in the stock price. Analysts have assigned Waitr Holdings Inc. (WTRH) an Buy rating. WTRH is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 2 others recommend it as a buy.
What is WTRH’s price target for the next 12 months?
The current consensus forecast for the stock is between $3.00 and $4.00, with a median target price of $3.50. In analyzing these forecasts, the average price target given by analysts for Waitr Holdings Inc. (WTRH) is $3.50.