Chanticleer Holdings Inc. (HOTR) is one of the best performing stocks in the services sector for companies listed on the New York Stock Exchange or NASDAQ exchange shortly after the opening bell on September 23. Shares of HOTR have climbed 3.33% about 30 minutes into the session to $0.62 after closing the day prior at $0.6. It’s early, but the stock has traded as high as $0.62 and as low as $0.61 so far. Today’s quick advance has come with about 3,154 shares changing hands, compared to an average 30-day volume of 130,341 for Chanticleer Holdings Inc.. The price is currently below the 30-day volume weighted average price of $0.62 for HOTR.
The share appreciation gives the company a market capitalization of $13.17 million based upon 21.96 million shares outstanding. It also means that HOTR has a price-to-book ratio of 0.88:1 and a price-to-earnings ratio of :1.
In the past 52 weeks, shares of HOTR have traded as low as $0.3625 and as high as $1.34. Technical traders will take note that at $0.62, shares of HOTR are trading below their 200-day MA at $0.67 and above their 50-day MA at $0.45. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding above them is typically regarded as bullish.
Who is HOTR?
The company’s employees are led by CEO from the corporate headquarters at .
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