Why GEN Restaurant Group Inc’s (GENK) Stock Is Up 6.27%

By Jenna Brashear
September 11, 2024
Featured Tickers:

Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate GEN Restaurant Group Inc before investing.

In this article, we go over a few key elements for understanding GEN Restaurant Group Inc’s stock price such as:

  • GEN Restaurant Group Inc’s current stock price and volume
  • Why GEN Restaurant Group Inc’s stock price changed recently
  • Upgrades and downgrades for GENK from analysts
  • GENK’s stock price momentum as measured by its relative strength

About GEN Restaurant Group Inc (GENK)

Before we jump into GEN Restaurant Group Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

GEN Restaurant Group, Inc. operates Asian casual dining restaurant concepts. The Company owns GEN Korean BBQ, which is a cook-it-yourself casual dining concept. The Company offers guests a dining experience where guests serve as their own chefs preparing meals on embedded grills in the center of each table. It offers an extensive menu of traditional Korean and Korean-American food, including meats, poultry, seafood and mixed vegetables. Its restaurants have Korean pop music playing in the background. The Company operates approximately 37 Company-owned restaurants, which are located in California, Arizona, Hawaii, Nevada, New York, Texas, and Florida specializing in a variety of special flavored meats for Korean barbeque. Its subsidiaries include GEN Restaurant Group, LLC; JC Group International Inc.; GEN Restaurant Investment, LLC; GEN California, LLC; GEN Torrance, LLC; GEN San Jose, LP; GEN Chino Hills, LP; GEN Fremont, LP; GEN Westgate, LP, and GEN Online, LLC.

Want to learn more about GEN Restaurant Group Inc’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about GEN Restaurant Group Inc.

Learn More About A+ Investor

GEN Restaurant Group Inc’s Stock Price as of Market Close

As of September 11, 2024, 4:00 PM, CST, GEN Restaurant Group Inc’s stock price was $8.30.

GEN Restaurant Group Inc is up 6.27% from its previous closing price of $7.81.

During the last market session, GEN Restaurant Group Inc’s stock traded between $7.67 and $8.07. Currently, there are 4.57 million shares of GEN Restaurant Group Inc stock available for purchase.

GEN Restaurant Group Inc’s price-earnings (P/E) ratio is currently at 31.2, which is high compared to the Restaurants & Bars industry median of 23.2. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

GEN Restaurant Group Inc Stock Price History

GEN Restaurant Group Inc’s (GENK) price is currently down 8.99% so far this month.

During the month of September, GEN Restaurant Group Inc’s stock price has reached a high of $9.13 and a low of $7.61.

Over the last year, GEN Restaurant Group Inc has hit prices as high as $15.33 and as low as $5.61.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused GEN Restaurant Group Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 10, 2024, there was 1 analyst who downgraded GEN Restaurant Group Inc’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate GEN Restaurant Group Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on GEN Restaurant Group Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

GEN Restaurant Group Inc’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about GEN Restaurant Group Inc (GENK) by visiting AAII Stock Evaluator.

Relative Price Strength of GEN Restaurant Group Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 10, 2024, GEN Restaurant Group Inc has a weighted four-quarter relative price strength of -13.84%, which translates to a Momentum Score of 25 and is considered to be Weak.

Want to learn more about how GEN Restaurant Group Inc is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

GEN Restaurant Group Inc Stock Price: Bottom Line

As of September 11, 2024, GEN Restaurant Group Inc’s stock price is $8.30, which is up 6.27% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like GEN Restaurant Group Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.

Learn More About A+ Investor

Find New Stock Opportunities With Included With AAII Platinum
Zweig Screen: 11.3% Compared to S&P 500
at only 6.9%

Gain Since Inception. Data as of 12/31/2024.




Try AAII Platinum and get full access to
769.3% Stock Superstars Portfolio Total Return Since Inception
Compare to:
710.3% iShare DOW Jones
U.S. Index ETF (IYY)

SSR Group 3 O'Shaughnessy portfolio has a 411.2% gain since inception performance compared to IYY at only 119.1%% Performance as of 11/29/24.

Get your free copy of our special report analyzing the tech stocks most likely to outperform the market.

Download the FREE Report Here:

BECOME A MEMBER FOR ONLY $2

Get access to powerful investment discovery tools and a wealth of investment education to help you achieve your financial goals.