In a recent bid Waitr Holdings Inc. [WTRH] faced a contemporary bid of $3.31 yielding a -3.72% decline where 1.23 million shares have exchanged hands over the last week. WTRH amount got a fall by -1.59% or -$0.05 versus $3.36 at the end of the prior session. This change led market cap to move at 372.09M, putting the price 1456.00% below the 52-week high and -43.48% above the 52-week low. The company’s stock has a normal trading capacity of 1.23 million shares while the relative volume is 0.87.

On 8, October 2020, Waitr Adds Dine-In Capabilities to Platform. According to news published on Yahoo Finance, Waitr Holdings Inc. (Nasdaq: WTRH) (“Waitr” or the “Company”), a leader in on-demand food ordering and delivery, today announced that it has launched tableside service technology for restaurants. Through the scanning of a QR code on a smartphone, the new product allows diners to access the menu from the table, place an order, pay and tip all in the Waitr app without contact.

Analyst Birdseye View:

The most recent analyst activity for Waitr Holdings Inc. [NASDAQ:WTRH] stock was on July 09, 2020, when it was Downgrade with a Hold rating from Deutsche Bank. Before that, on July 22, 2020, B. Riley FBR Recapitulated a Buy rating and elevated its amount target to $8. On April 17, 2020, Craig Hallum Upgrade a Buy rating and boosted its price target on this stock from $1 to $2. On October 23, 2019, Craig Hallum Downgrade a Hold rating and decreased its price target from $5 to $1. On October 18, 2019, RBC Capital Mkts Downgrade a Sector perform rating. On August 09, 2019, The Benchmark Company Reiterated a Buy rating and boosted its amount target on this stock to $8. On August 09, 2019, Piper Jaffray Downgrade a Neutral rating and decreased its target amount on this stock from $11 to $4.

In the past 52 weeks of trading, this stock has oscillated between a low of $0.21 and a peak of $5.85. Right now, according to Wall Street analyst the average 12-month amount target is $5.95. At the most recent market close, shares of Waitr Holdings Inc. [NASDAQ:WTRH] were valued at $3.31.

FUNDAMENTAL ANALYSIS

Waitr Holdings Inc. [NASDAQ:WTRH] most recently reported quarterly sales of 60.51 billion, which represented growth of 17.90%. This publicly-traded organization’s revenue is $18,108 per employee, while its income is -$27,521 per employee. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -143.67, -382.29, -45.36 and -163.37 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 84.70 and the whole liability to whole assets at 70.88. It shows enduring liability to the whole principal at 82.29 and enduring liability to assets at 0.69 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 3.23 points at 1st support level, the second support level is making up to 3.09. But as of 1st resistance point, this stock is sitting at 3.47 and at 3.57 for 2nd resistance point.

Waitr Holdings Inc. [WTRH] reported its earnings at $0.1 per share in the fiscal quarter closing of 6/29/2020. Comparing the previous quarter ending of 3/30/2020, the stated earnings were -$0.03 calling estimates for -$0.03/share with the difference of 0 depicting the surprise of 0.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Waitr Holdings Inc. [NASDAQ:WTRH] is 1.80. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.92. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.12 and it’s amount to book ratio is 1.08.

Insider Stories

The most recent insider trade was by Meaux Christopher, Director, and it was the sale of 93517.0 shares on Jun 04. Meaux Christopher, the Director, completed a sale of 45716.0 shares on Jun 03. On Jun 01, Meaux Christopher, Director, completed a sale of 35767.0 shares.