GreenTree Hospitality Group Ltd. (NYSE:GHG - Get Free Report) traded up 1.9% during mid-day trading on Friday . The stock traded as high as $2.72 and last traded at $2.72. 3,267 shares traded hands during trading, a decline of 62% from the average session volume of 8,586 shares. The stock had previously closed at $2.67.
GreenTree Hospitality Group Stock Up 1.9 %
The stock's 50 day simple moving average is $2.83 and its 200 day simple moving average is $2.74. The stock has a market capitalization of $276.19 million, a P/E ratio of 4.46 and a beta of 0.51. The company has a current ratio of 1.49, a quick ratio of 1.48 and a debt-to-equity ratio of 0.16.
GreenTree Hospitality Group (NYSE:GHG - Get Free Report) last announced its quarterly earnings data on Thursday, August 15th. The company reported $0.36 earnings per share (EPS) for the quarter. GreenTree Hospitality Group had a return on equity of 16.13% and a net margin of 16.34%. The firm had revenue of $45.37 million for the quarter.
Institutional Investors Weigh In On GreenTree Hospitality Group
An institutional investor recently bought a new position in GreenTree Hospitality Group stock. First Affirmative Financial Network acquired a new position in GreenTree Hospitality Group Ltd. (NYSE:GHG - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 15,184 shares of the company's stock, valued at approximately $37,000. Institutional investors and hedge funds own 8.05% of the company's stock.
GreenTree Hospitality Group Company Profile
(
Get 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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider GreenTree Hospitality Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and GreenTree Hospitality Group wasn't on the list.
While GreenTree Hospitality Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
