Promising Restaurant Stocks To Follow Today - July 16th

Alibaba Group, Uber Technologies, and Berkshire Hathaway are the three Restaurant stocks to watch today, according to MarketBeat's stock screener tool. Restaurant stocks are the publicly traded equity shares of companies that operate restaurants or foodservice establishments. By purchasing these stocks, investors gain ownership stakes in chains ranging from fast-food and casual-dining outlets to upscale eateries. Their performance typically mirrors consumer spending habits, dining trends, and overall economic conditions. These companies had the highest dollar trading volume of any Restaurant stocks within the last several days.

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.

BABA traded down $1.27 during trading on Wednesday, hitting $115.70. The stock had a trading volume of 10,577,900 shares, compared to its average volume of 20,042,400. The firm has a market cap of $276.06 billion, a PE ratio of 15.54, a P/E/G ratio of 1.48 and a beta of 0.22. Alibaba Group has a 12 month low of $73.87 and a 12 month high of $148.43. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 0.19. The company has a 50 day simple moving average of $117.18 and a 200-day simple moving average of $114.96.

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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.

NYSE UBER traded down $2.04 during midday trading on Wednesday, hitting $90.17. The company had a trading volume of 11,448,745 shares, compared to its average volume of 21,187,551. The stock has a market cap of $188.57 billion, a price-to-earnings ratio of 15.79, a P/E/G ratio of 1.19 and a beta of 1.40. Uber Technologies has a fifty-two week low of $54.84 and a fifty-two week high of $97.72. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.37. The firm has a fifty day simple moving average of $88.76 and a two-hundred day simple moving average of $78.08.

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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 NYSE BRK.B traded up $0.29 during trading on Wednesday, reaching $470.42. The company had a trading volume of 2,129,629 shares, compared to its average volume of 4,416,393. Berkshire Hathaway has a 52 week low of $406.11 and a 52 week high of $542.07. The stock has a market cap of $1.01 trillion, a PE ratio of 12.54, a PEG ratio of 3.31 and a beta of 0.83. The business's 50 day moving average price is $494.14 and its 200-day moving average price is $494.54.

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