The ONE Group Hospitality with ticker code (STKS) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 3.5 and 3 with the average target price sitting at 3.17. Given that the stocks previous close was at 3.2 this would imply there is a potential downside of -.9%. The 50 day MA is 3.04 while the 200 day moving average is 2.19. The company has a market cap of $92m. Company Website: http://www.togrp.com
The potential market cap would be $92m based on the market concensus.
The ONE Group Hospitality, a hospitality company, develops, owns, and operates restaurants and lounges worldwide. It operates through STK, Kona Grill, and ONE Hospitality segments. The company also provides turn-key food and beverage services for hospitality venues, including hotels, casinos, and other locations. Its hospitality food and beverage solutions include developing, managing, and operating restaurants, bars, rooftops, pools, banqueting, catering, private dining rooms, room service, and mini bars. The company operates restaurants primarily under the STK and Kona Grill brands. As of December 31, 2019, the Company owned, operated, managed, or licensed 55 venues, including 20 STKs and 24 Kona Grills in North America, Europe, and the Middle East. The company was founded in 2004 and is headquartered in Denver, Colorado.
