Is This Stock a Screaming Buy: Chanticleer Holdings, Inc. (NASDAQ:HOTR)

Equity Research firms currently have a positive stance on shares of Chanticleer Holdings, Inc. (NASDAQ:HOTR). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $2.00 on a short term basis.

At the time of writing, the stock was trading at $0.51. This represents a change from the opening price of -5.17%. In terms of performance, year to date, the stock is -49.00%. The monthly stock performance comes in at 24.39%. For the quarter, shares are performing at 15.91%. Weekly performance analysis shows the equity at -8.93%.

In taking a look at technical levels, shares are trading 7.02% away from the 50 day simple moving average and -21.72% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -61.52% away from it’s 52- week high and 41.08% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Chanticleer Holdings, Inc.’s RSI stands at 45.95. In looking at volatility levels, the shares saw weekly volatility of 6.60% and 8.94% over the past month.

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