Restaurant Stocks To Watch - February 23rd
According to MarketBeat's stock screener tool, three prominent restaurant stocks to monitor today are Alibaba Group, Booking, and Block. These companies showcased the highest dollar trading volume among restaurant stocks over the past several days.
Alibaba Group (BABA)
Alibaba Group Holding Limited operates through various subsidiaries to provide technological infrastructure and marketing capabilities. This enables merchants, brands, retailers, and other businesses to effectively engage customers in China and globally. The company is divided into seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media, and Entertainment, along with Innovation Initiatives and Others.
On Friday, BABA shares increased by $7.70 to reach $143.67. The trading volume stood at 73,657,797 shares, significantly above its average of 39,341,764 shares. Over the past year, Alibaba recorded a low of $68.36 and a high of $145.30. With a market cap of $341.36 billion, its P/E ratio is 20.76, the PEG ratio is 0.57, and it has a beta of 0.31. The debt-to-equity ratio is 0.16, with current and quick ratios both at 1.37. Furthermore, the stock's 50-day and 200-day simple moving averages are $95.43 and $92.99, respectively.
Booking (BKNG)
Booking Holdings Inc. (formerly The Priceline Group Inc.) is renowned for its travel and restaurant online reservation services. Through its online platforms, it connects consumers seeking travel reservations with service providers worldwide. Its offerings include various accommodation options such as hotels, bed and breakfasts, apartments, vacation rentals, and more through Booking.com, priceline.com, and agoda.com.
On Friday, Booking stock dipped by $29.01, landing at $4,989.22. The trading volume was 724,045 shares, surpassing its average of 244,306 shares. Over the last year, Booking's stock reached a low of $3,180.00 and a high of $5,337.24. The market capitalization is $165.13 billion with a PE ratio of 28.83, PEG ratio of 1.74, and beta of 1.39. The 50-day simple moving average stands at $4,903.34, while the 200-day average is $4,559.90.
Block (XYZ)
Block, Inc. provides comprehensive payment and point-of-sale solutions both nationally and internationally. Its commerce ecosystem features hardware and software aimed at transforming mobile and computing devices into effective payment solutions. Products offered include the Magstripe reader for magnetic stripe card transactions, a contactless and chip reader that accepts EMV chip cards and Near Field Communication payments, and Square Register, which integrates hardware, software, and payment technologies into one solution.
On Friday, Block shares fell by $14.70 to $68.34. The trading volume was 36,776,137 shares, significantly higher than the average volume of 5,326,729 shares. Block's market cap is $42.36 billion, with a P/E ratio of 15.02, a P/E/G ratio of 0.72, and a beta of 2.52. It has a debt-to-equity ratio of 0.26 and both current and quick ratios at 2.07. Block’s stock has seen a 52-week low of $55.00 and a high of $99.26.
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