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Restaurant Stocks Worth Watching - August 18th

Uber Technologies logo with Computer and Technology background

Key Points

  • Restaurant stocks to watch: Uber Technologies, Berkshire Hathaway, and Alibaba Group are highlighted as the leading restaurant stocks by MarketBeat, which indicates significant trading volume recently.
  • Uber Technologies' stock performance: Uber's shares traded up to $93.92 with a market cap of $195.86 billion, reflecting a strong position within the foodservice industry.
  • Berkshire Hathaway and Alibaba Group updates: Berkshire Hathaway's stock currently sits at $477.59 and Alibaba's at $121.46, showing both companies have experienced recent growth in their stock prices.
  • Need better tools to track Uber Technologies? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Uber Technologies, Berkshire Hathaway, and Alibaba Group are the three Restaurant stocks to watch today, according to MarketBeat's stock screener tool. Restaurant stocks are shares of publicly traded companies that operate dining establishments, ranging from fast-food chains to casual and fine-dining restaurants. By purchasing these equities, investors gain exposure to the foodservice industry and its dynamics—consumer spending patterns, food and labor costs, economic cycles, and changing dining trends. Well-known examples include McDonald’s, Chipotle Mexican Grill and Darden Restaurants. These companies had the highest dollar trading volume of any Restaurant stocks within the last several days.

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 up $1.32 during mid-day trading on Monday, hitting $93.92. 8,939,082 shares of the stock traded hands, compared to its average volume of 22,082,393. Uber Technologies has a 12-month low of $59.33 and a 12-month 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. The company has a market cap of $195.86 billion, a PE ratio of 16.02, a price-to-earnings-growth ratio of 1.06 and a beta of 1.43. The business's 50-day moving average price is $90.19 and its 200 day moving average price is $82.08.

Read Our Latest Research Report on UBER

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.

NYSE BRK.B traded up $0.39 during trading on Monday, reaching $477.59. The company's stock had a trading volume of 1,536,213 shares, compared to its average volume of 4,866,359. The firm has a fifty day moving average of $479.34 and a 200 day moving average of $497.20. Berkshire Hathaway has a one year low of $437.90 and a one year high of $542.07. The stock has a market capitalization of $1.03 trillion, a PE ratio of 16.36, a P/E/G ratio of 3.32 and a beta of 0.81.

Read Our Latest Research Report on BRK.B

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.

Shares of NYSE BABA traded up $0.20 during mid-day trading on Monday, reaching $121.46. 6,022,715 shares of the company were exchanged, compared to its average volume of 21,286,033. The stock has a market capitalization of $289.66 billion, a PE ratio of 16.30, a PEG ratio of 1.78 and a beta of 0.17. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.19. Alibaba Group has a 52 week low of $79.21 and a 52 week high of $148.43. The company's 50 day moving average price is $116.23 and its 200 day moving average price is $120.59.

Read Our Latest Research Report on BABA

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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