Restaurant Stocks To Watch on February 23rd

On February 23rd, three notable restaurant stocks have emerged as ones to keep an eye on. These stocks are Alibaba Group, Booking, and Block, according to MarketBeat's stock screener tool. These companies have exhibited the highest trading dollar volume among restaurant stocks in recent days.

Alibaba Group (BABA)

Alibaba Group Holding Limited operates through its subsidiaries to provide technology infrastructure and marketing support that aids merchants and businesses in connecting with consumers, both within China and internationally. Alibaba's business model includes seven key segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.

Recently, shares of BABA traded up by $7.70, arriving at a total price of $143.67. The trading volume for the day reached 73,657,797 shares, surpassing the average volume of 39,341,764. Over the past year, Alibaba's stock has fluctuated between a low of $68.36 and a high of $145.30. Its market capitalization stands at $341.36 billion, with a P/E ratio of 20.76 and a PEG ratio of 0.57. 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 dining services. The company connects consumers looking to make travel bookings with service providers worldwide through popular brands like Booking.com, priceline.com, and agoda.com.

On the latest trading day, shares of Booking stock decreased by $29.01, reaching $4,989.22. A total of 724,045 shares were traded, which is notable compared to the average trading volume of 244,306. Over the past year, the company's stock has seen a low of $3,180.00 and a peak of $5,337.24. Booking's market capitalization is $165.13 billion, with a P/E ratio of 28.83 and a PEG ratio of 1.74. The stock also has a 50-day simple moving average of $4,903.34 and a 200-day simple moving average of $4,559.90.

Block (XYZ)

Sqaure, Inc., known as Block, provides innovative payment solutions and point-of-sale systems, not only across the United States but also internationally. Its commerce ecosystem includes both software and hardware options that allow sellers to utilize mobile and computing devices for payment and transaction processing.

In the latest trading, Block’s stock fell by $14.70 to a value of $68.34. The day’s trading volume reached 36,776,137 shares, which is significantly higher than the average of 5,326,729. Block's market cap is currently $42.36 billion, with a P/E ratio of 15.02 and a PEG ratio of 0.72. The stock's performance over the past 52 weeks shows a low of $55.00 and a high of $99.26.

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