Very strange to see a stock with positive EPS being undervalued on the market. Well established brands of the ONE Group Hospitality operate smoothly making a decent profit for investors who already have confidence in its management but new buyers do not seem coming as NASDAQ: STKS costs less than $3 to invest.
Surely, Q1 2020 financial results didn’t reveal good news in revenue, gross profit, net income, and earnings like previous quarter fiscal reports used to inform. As the economy reopened ONE Group Hospitality’s restaurants and lounges have begun running their daily operations.
For penny stock, $0.2 positive change is a very huge move. Opportunists may consider STKS as a buy stock as its Q2 revenue might surge momentously.
Editor in Chief.
Living in the era of dynamic tech change Alex decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring in Finance) writing for technology and as well as finance has been one of the precious aspects of his life