Atour Lifestyle Holdings Limited (NASDAQ:ATAT - Get Free Report)'s stock price rose 3.3% on Tuesday . The stock traded as high as $28.00 and last traded at $27.86. Approximately 350,003 shares were traded during trading, a decline of 64% from the average daily volume of 985,636 shares. The stock had previously closed at $26.97.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group initiated coverage on shares of Atour Lifestyle in a research report on Monday, December 9th. They set a "buy" rating and a $34.40 target price on the stock.
Read Our Latest Analysis on Atour Lifestyle
Atour Lifestyle Trading Up 4.6 %
The firm's 50-day simple moving average is $26.59 and its two-hundred day simple moving average is $21.70. The company has a market cap of $3.88 billion, a PE ratio of 24.32, a P/E/G ratio of 0.65 and a beta of 0.52.
Institutional Trading of Atour Lifestyle
Large investors have recently made changes to their positions in the business. Loomis Sayles & Co. L P purchased a new stake in shares of Atour Lifestyle in the 3rd quarter valued at $34,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Atour Lifestyle in the 3rd quarter valued at $143,000. XTX Topco Ltd purchased a new stake in shares of Atour Lifestyle in the 2nd quarter valued at $390,000. Y Intercept Hong Kong Ltd purchased a new stake in shares of Atour Lifestyle in the 3rd quarter valued at $430,000. Finally, Van Berkom & Associates Inc. purchased a new stake in shares of Atour Lifestyle in the 2nd quarter valued at $492,000. 17.79% of the stock is owned by hedge funds and other institutional investors.
About Atour Lifestyle
(
Get Free Report)
Atour Lifestyle Holdings Limited, through its subsidiaries, develops lifestyle brands around hotel offerings in the People's Republic of China. The company provides hotel management services, including day-to-day management services of the hotels for the franchisees; and sells hotel supplies and other products.
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