Sadot Group (NASDAQ:SDOT) Stock Price Down 13.2%

Sadot Group Inc. (NASDAQ:SDOT) shares were down 13.2% during mid-day trading on Tuesday . The stock traded as low as $0.31 and last traded at $0.34. Approximately 699,346 shares changed hands during mid-day trading, an increase of 186% from the average daily volume of 244,112 shares. The stock had previously closed at $0.39.

Sadot Group Trading Down 13.2 %

The company has a market capitalization of $18.36 million, a PE ratio of -1.86 and a beta of 1.02. The company’s 50 day moving average price is $0.46 and its 200-day moving average price is $0.37.

Institutional Investors Weigh In On Sadot Group

An institutional investor recently bought a new position in Sadot Group stock. Gladstone Institutional Advisory LLC bought a new stake in Sadot Group Inc. (NASDAQ:SDOT) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 145,000 shares of the company’s stock, valued at approximately $58,000. Gladstone Institutional Advisory LLC owned approximately 0.31% of Sadot Group as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 13.27% of the company’s stock.

About Sadot Group

Sadot Group Inc provides supply chain solutions that address growing food security challenges worldwide. The company is involved in the agri-commodity sourcing and trading operations for food/feed products, such as soybean meal, wheat, and corn; and farm operations, including producing grains and tree crops in Southern Africa.