TH International Limited (NASDAQ:THCH - Get Free Report) shares rose 1.2% during trading on Thursday . The company traded as high as $3.38 and last traded at $3.25. Approximately 9,332 shares were traded during mid-day trading, a decline of 52% from the average daily volume of 19,407 shares. The stock had previously closed at $3.21.
TH International Stock Down 0.6 %
The firm has a 50-day moving average of $10.27 and a two-hundred day moving average of $15.12. The company has a market capitalization of $102.53 million, a PE ratio of -1.21 and a beta of 0.54.
TH International (NASDAQ:THCH - Get Free Report) last released its quarterly earnings results on Tuesday, November 12th. The company reported ($1.00) earnings per share for the quarter. The firm had revenue of $51.28 million during the quarter.
Institutional Investors Weigh In On TH International
A hedge fund recently bought a new stake in TH International stock. Jane Street Group LLC acquired a new stake in TH International Limited (NASDAQ:THCH - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 50,122 shares of the company's stock, valued at approximately $41,000. 91.85% of the stock is currently owned by hedge funds and other institutional investors.
About TH International
(
Get Free Report)
TH International Limited operates Tim Hortons coffee shops in mainland China, Hong Kong, and Macau. The company offers brewed tea, coffee, milk tea, lemonade, hot chocolate, and coffee drinks. It is also involved in franchise related business. The company is based in Shanghai, the People's Republic of China.
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