Allspring Global Investments Holdings LLC lessened its holdings in GreenTree Hospitality Group Ltd. (NYSE:GHG - Free Report) by 1.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 5,155,443 shares of the company's stock after selling 90,400 shares during the period. Allspring Global Investments Holdings LLC owned 5.08% of GreenTree Hospitality Group worth $13,198,000 as of its most recent SEC filing.
GreenTree Hospitality Group Price Performance
Shares of NYSE GHG traded down $0.06 during mid-day trading on Friday, reaching $2.91. The company's stock had a trading volume of 39,146 shares, compared to its average volume of 10,444. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.54 and a quick ratio of 1.53. GreenTree Hospitality Group Ltd. has a 52 week low of $2.31 and a 52 week high of $3.48. The stock has a fifty day moving average of $2.59 and a two-hundred day moving average of $2.69. The firm has a market capitalization of $294.97 million, a PE ratio of 5.38 and a beta of 0.49.
GreenTree Hospitality Group (NYSE:GHG - Get Free Report) last posted its quarterly earnings results on Thursday, November 21st. The company reported $0.09 earnings per share for the quarter. GreenTree Hospitality Group had a return on equity of 12.70% and a net margin of 13.93%.
GreenTree Hospitality Group Profile
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Free Report)
GreenTree Hospitality Group Ltd., through its subsidiaries, develops leased-and-operated, and franchised-and-managed hotels under the GreenTree Inns brand in the People's Republic of China. It also engages in investment holding activities; and provision of information technology services. The company was founded in 2004 and is headquartered in Shanghai, the People's Republic of China.
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