Sadot Group (NASDAQ:SDOT) Stock Rating Lowered by Wall Street Zen

Sadot Group (NASDAQ:SDOT) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Sunday.

Sadot Group Stock Down 1.6%

NASDAQ SDOT opened at $0.92 on Friday. The company has a market cap of $6.74 million, a PE ratio of 3.98 and a beta of 0.92. Sadot Group has a 52 week low of $0.84 and a 52 week high of $5.70. The firm’s 50-day simple moving average is $1.27 and its two-hundred day simple moving average is $1.91.

Sadot Group (NASDAQ:SDOT) last released its quarterly earnings data on Thursday, August 14th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.12). The business had revenue of $114.39 million for the quarter, compared to analysts’ expectations of $195.56 million. Sadot Group had a net margin of 0.48% and a negative return on equity of 1.35%. As a group, equities research analysts anticipate that Sadot Group will post -0.71 EPS for the current year.

Institutional Investors Weigh In On Sadot Group

A hedge fund recently bought a new stake in Sadot Group stock. Jane Street Group LLC purchased a new position in Sadot Group Inc. (NASDAQ:SDOT) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 44,139 shares of the company’s stock, valued at approximately $58,000. Jane Street Group LLC owned approximately 0.60% of Sadot Group at the end of the most recent quarter. 13.27% of the stock is currently owned by institutional investors and hedge funds.

About Sadot Group

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.