Best Restaurant Stocks To Watch Today - August 13th

Key Points

• CAVA Group experienced a significant decline with a 16% stock drop, trading down to $71.41 on a considerable trading volume of 32,873,615 shares.
• Alibaba Group saw an increase in stock price, reaching $125.45, while maintaining a market cap of approximately $299.18 billion and a low debt-to-equity ratio of 0.19.
• Berkshire Hathaway's stock rose to $477.55, contributing to a market capitalization of $1.03 trillion, with a PE ratio of 16.38.

CAVA Group, Alibaba Group, Berkshire Hathaway, Uber Technologies, and SoundHound AI are the five Restaurant stocks to watch today, according to MarketBeat's stock screener tool. Restaurant stocks are equity shares of companies operating in the food‐service sector—ranging from quick‐service chains and casual‐dining brands to fine‐dining groups. Holding these stocks gives investors partial ownership in restaurant businesses, with their value driven by factors such as consumer spending habits, food‐and‐labor costs, and broader economic trends. These companies had the highest dollar trading volume of any Restaurant stocks within the last several days.

CAVA Group (CAVA)

NYSE:CAVA traded down $13.09 on Wednesday, reaching $71.41. The stock had a trading volume of 32,873,615 shares, compared to its average volume of 3,733,916. The company has a market cap of $8.26 billion, a price-to-earnings ratio of 59.23, a P/E/G ratio of 4.11 and a beta of 2.65. The firm's fifty day moving average is $83.46 and its two-hundred day moving average is $92.30. CAVA Group has a 12-month low of $65.70 and a 12-month high of $172.43.

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Alibaba Group (BABA)

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.

NYSE:BABA traded up $3.03 on Wednesday, reaching $125.45. The stock had a trading volume of 14,173,901 shares, compared to its average volume of 21,456,832. The company has a market cap of $299.18 billion, a price-to-earnings ratio of 16.83, a P/E/G ratio of 1.75 and a beta of 0.17. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.55 and a quick ratio of 1.55. The firm's fifty day moving average is $116.00 and its two-hundred day moving average is $119.86. Alibaba Group has a 12-month low of $77.74 and a 12-month high of $148.43.

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Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

Shares of BRK.B stock traded up $7.16 during trading hours on Wednesday, hitting $477.55. 2,580,670 shares of the company were exchanged, compared to its average volume of 4,876,425. The firm has a market cap of $1.03 trillion, a PE ratio of 16.38, a PEG ratio of 3.23 and a beta of 0.81. Berkshire Hathaway has a 1 year low of $431.71 and a 1 year high of $542.07. The firm has a fifty day moving average of $480.13 and a 200 day moving average of $496.89.

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Uber Technologies (UBER)

Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.

Shares of UBER stock traded down $1.25 during trading hours on Wednesday, hitting $90.48. 8,792,481 shares of the company were exchanged, compared to its average volume of 22,208,580. The firm has a fifty day moving average of $89.77 and a 200 day moving average of $81.47. The firm has a market cap of $188.70 billion, a PE ratio of 15.41, a PEG ratio of 1.04 and a beta of 1.43. Uber Technologies has a 1 year low of $59.33 and a 1 year high of $97.71. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.41.

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SoundHound AI (SOUN)

SoundHound AI, Inc. develops independent voice artificial intelligence (AI) solutions that enables businesses across automotive, TV, and IoT, and to customer service industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as Application Programming Interfaces (API) for text and voice queries, support for custom commands, extensive library of content domains, inclusive software development kit platforms, collaboration capabilities, diagnostic tools, and built-in analytics; SoundHound Chat AI that integrates with knowledge domains, pulling real-time data like weather, sports, stocks, flight status, and restaurants; and SoundHound Smart Answering is built to offer customer establishments custom AI-powered voice assistant.

SOUN traded down $0.34 on Wednesday, reaching $15.64. 35,630,010 shares of the company's stock were exchanged, compared to its average volume of 41,073,816. The company's 50 day moving average is $11.00 and its 200-day moving average is $10.49. The company has a market cap of $6.28 billion, a price-to-earnings ratio of -24.94 and a beta of 2.57. SoundHound AI has a twelve month low of $4.32 and a twelve month high of $24.98.

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