Shares of Waitr Holdings Inc. (NASDAQ:WTRH) traded today at $1.58, breaking its 52-week low. This new low was reached on below average trading volume as 555,000 shares traded hands, while the average 30-day volume is approximately 3 million shares.
Waitr Holdings Inc provides restaurant platform for online food ordering and delivery services across the United States. It partners with independent local restaurants and regional and national chains in small and mid-size markets. The company provides an online platform for consumers to order food from restaurant partners for pick-up and delivery through a network of drivers. This platform benefits the consumer by providing a single location to browse local restaurants and menus, track order and delivery status, and securely store previous orders and payment information for ease of use and convenience.
Waitr Holdings Inc. has overhead space with shares priced $1.62, or 15.0% below the average consensus analyst price target of $1.91.
Over the past year, Waitr Holdings Inc. has traded in a range of $1.58 to $5.85 and is now at $1.62.
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