Kura Sushi USA, Inc. (KRUS, Financial) witnessed a significant stock price increase of 5.05%, trading at $82.24 per share with a volume of 45,528 shares and a turnover rate of 0.40%. The stock experienced a price amplitude of 4.17%.
Financial reports reveal that Kura Sushi USA achieved a revenue of $63.08 million. However, it reported a net loss of $558,000, translating to an earnings per share (EPS) of -$0.05 and a gross profit of $7.69 million. The price-to-earnings (P/E) ratio stands at -2735.33.
Regarding analyst ratings, among the nine institutions covering the stock, 56% recommend buying, while 44% suggest holding. No institutions recommend selling.
In the restaurant industry, where Kura Sushi USA operates, the overall growth was 0.06%. Other notable stocks include Red Robin, TGI Fridays, and Tendyhui, which saw significant gains. Dine Brands Global Inc., Jack In The Box Inc., and Chuy's Holdings, Inc. were actively traded, with turnover rates of 3.48%, 2.26%, and 1.78%, respectively. Stocks with high price volatility included Pinstripes Holdings, Inc., Tendyhui, and Rave Restaurant Group, Inc., showing amplitudes of 11.35%, 10.57%, and 8.97% respectively.
Kura Sushi USA operates as a Japanese restaurant company in the United States, known for its revolving sushi chain. It offers various dishes like salmon, tuna, and sweet shrimp, utilizing a conveyor belt service and on-demand ordering screens.
