Restaurant Stocks To Watch - February 23

Several restaurant stocks have attracted attention as of February 23, with Alibaba Group, Booking, and Block leading the way. This selection is based on recent trading volumes, indicating strong market activity.

Alibaba Group (BABA)

Alibaba Group Holding Limited operates through various subsidiaries, providing essential technology infrastructure and marketing solutions. Its services are designed to help merchants, brands, and retailers connect with consumers in China and beyond. The company is divided into seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives.

On Friday, shares of Alibaba Group rose by $7.70, reaching $143.67. The trading volume for the day was 73,657,797 shares, surpassing its average volume of 39,341,764 shares. Over the past year, the stock has fluctuated between a low of $68.36 and a high of $145.30. It currently boasts a market cap of $341.36 billion, 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, with current and quick ratios both at 1.37. The stock's 50-day and 200-day simple moving averages are $95.43 and $92.99, respectively.

Booking (BKNG)

Booking Holdings Inc., previously known as The Priceline Group Inc., specializes in online reservations for travel and restaurants. Its platforms connect consumers looking to make reservations with providers across the globe. Booking offers a wide range of lodging options through its popular websites, including booking.com, priceline.com, and agoda.com.

Booking's stock experienced a decline of $29.01 on Friday, landing at $4,989.22. The trading volume reached 724,045 shares, more than its average volume of 244,306. Over the last year, the stock has seen a low of $3,180.00 and a high of $5,337.24. The company holds a market cap of $165.13 billion, with a PE ratio of 28.83, a PEG ratio of 1.74, and a beta of 1.39. Its 50-day and 200-day simple moving averages are $4,903.34 and $4,559.90, respectively.

Block (XYZ)

Square, Inc. is known for its innovative payment and point-of-sale solutions both in the U.S. and internationally. The company provides a suite of products, allowing businesses to transform mobile devices and computers into payment solutions. It offers various hardware products, including a Magstripe reader and a Square Register, which combines point-of-sale software with payment technology.

On Friday, Block's share price dropped by $14.70, settling at $68.34. The stock's volume was 36,776,137, significantly higher than its average of 5,326,729 shares. The stock's market cap is $42.36 billion, with a P/E ratio of 15.02, a P/E/G ratio of 0.72, and a beta of 2.52. Block's 52-week gains and losses have fluctuated between $55.00 and $99.26. Both its current and quick ratios are notably strong at 2.07.

Stocks, Market, Trading