Restaurant Stocks to Watch - February 23rd

Investors looking for promising opportunities in the restaurant sector should pay attention to three key stocks: Alibaba Group, Booking Holdings, and Block. According to data from MarketBeat's stock screener tool, these companies have recorded the highest dollar trading volume among restaurant stocks in recent days.

Alibaba Group (BABA)

Alibaba Group Holding Limited operates various subsidiaries that provide technology infrastructure and marketing solutions. This enables merchants, brands, and retailers to connect with customers both in China and internationally. The firm functions through several segments, including China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.

On Friday, shares of Alibaba (BABA) rose by $7.70, reaching $143.67. The total trading volume was 73,657,797, significantly higher than its average of 39,341,764 shares. Alibaba's stock has seen a 12-month low of $68.36 and a high of $145.30. With a market capitalization of $341.36 billion, the company has a P/E ratio of 20.76, a PEG ratio of 0.57, and a beta of 0.31. Additionally, its debt-to-equity ratio stands at 0.16, and both its current and quick ratios are at 1.37. The stock's 50-day simple moving average is $95.43, while the 200-day moving average is $92.99.

Booking Holdings (BKNG)

Booking Holdings Inc, formerly known as The Priceline Group Inc., provides online reservation and travel-related services including restaurant bookings. Through its various online travel brands such as Booking.com, priceline.com, and agoda.com, the company connects consumers with travel service providers worldwide.

On the same trading day, Booking's stock fell by $29.01 to $4,989.22. The trading volume was notable at 724,045 shares compared to its average of 244,306. The stock has recorded a 52-week low of $3,180.00 and a high of $5,337.24, with a market cap of $165.13 billion. The P/E ratio is 28.83, and it has a PEG ratio of 1.74 with a beta of 1.39. The 50-day simple moving average is $4,903.34, while the 200-day average lies at $4,559.90.

Block (XYZ)

Block, Inc. focuses on payment solutions and point-of-sale systems both in the United States and globally. Its commerce ecosystem includes advanced point-of-sale software and hardware that enable sellers to manage transactions efficiently. Block offers a range of hardware products, including the Magstripe reader, Contactless and chip reader, and Square Register, which combines payment technology with point-of-sale solutions.

On Friday, Block's stock decreased by $14.70, arriving at a value of $68.34. The company experienced significant trading volume at 36,776,137 shares compared to its average of 5,326,729. Block's market cap is $42.36 billion, with a P/E ratio of 15.02 and a PEG ratio of 0.72. Its debt-to-equity ratio is listed at 0.26. The stock has fluctuated between a 52-week low of $55.00 and a high of $99.26, with both its current and quick ratios at 2.07.

Restaurant, Stocks, Market