Restaurant Stocks to Watch - February 23rd
On February 23rd, three restaurant stocks have garnered attention from investors: Alibaba Group, Booking Holdings, and Block. These companies showed the highest dollar trading volume among restaurant stocks over the past few days, making them notable choices for those interested in this sector.
Alibaba Group (BABA)
Alibaba Group Holding Limited operates a variety of subsidiaries that help merchants, brands, and retailers connect with customers worldwide, particularly in China. The company is segmented into several areas including China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media, and Entertainment, as well as Innovation Initiatives and Others.
Recently, shares of BABA rose by $7.70, closing at $143.67. The trading volume for the day reached 73,657,797 shares, well above the average of 39,341,764. The stock has fluctuated significantly over the past year, with a low of $68.36 and a high of $145.30. With a market capitalization of $341.36 billion, a P/E ratio of 20.76, and a PEG ratio of 0.57, Alibaba shows potential for growth given its relatively low debt-to-equity ratio of 0.16. The stock's current and quick ratios stand at 1.37 each, suggesting good liquidity, while the 50-day simple moving average is $95.43, and the 200-day is at $92.99.
Booking Holdings (BKNG)
Booking Holdings Inc is a prominent provider of travel and restaurant reservation services. Through its online platforms, it enables consumers to connect with travel service providers globally, offering various accommodations via its brands like Booking.com and Priceline.
On Friday, shares of Booking experienced a decline of $29.01, priced at $4,989.22. The trading volume reached 724,045 shares, compared to its average of 244,306. Over the past year, the stock has fluctuated between a low of $3,180.00 and a high of $5,337.24. Booking Holdings boasts a market cap of $165.13 billion, with a P/E ratio of 28.83 and a PEG ratio of 1.74. The stock's 50-day and 200-day simple moving averages are $4,903.34 and $4,559.90, respectively.
Block (XYZ)
Square, Inc., known for its payment and point-of-sale solutions, operates a diverse commerce ecosystem that includes software and hardware that transforms mobile devices into payment solutions.
Recently, Block's stock fell by $14.70 to $68.34, with a trading volume of 36,776,137 shares, significantly higher than its average of 5,326,729. Its one-year trading range spans a low of $55.00 to a high of $99.26. The company has a market capitalization of $42.36 billion and boasts a P/E ratio of 15.02, with a P/E/G ratio of 0.72. Block maintains a debt-to-equity ratio of 0.26 and favorable liquidity ratios of 2.07 each for both current and quick metrics.
stocks, restaurant, trading