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TH International (NASDAQ:THCH) Stock Price Down 2.7% - Time to Sell?

TH International logo with Retail/Wholesale background

TH International Limited (NASDAQ:THCH - Get Free Report) shares fell 2.7% on Tuesday . The company traded as low as $0.80 and last traded at $0.88. 211,657 shares were traded during trading, a decline of 5% from the average session volume of 222,512 shares. The stock had previously closed at $0.90.

TH International Stock Performance

The company has a 50-day moving average of $0.74 and a 200-day moving average of $0.76.

TH International (NASDAQ:THCH - Get Free Report) last announced its quarterly earnings data on Thursday, August 29th. The company reported ($0.04) earnings per share (EPS) for the quarter. The company had revenue of $50.48 million for the quarter.

Institutional Trading of TH International

An institutional investor recently bought a new position in TH International stock. Jane Street Group LLC bought a new position in shares of TH International Limited (NASDAQ:THCH - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 50,122 shares of the company's stock, valued at approximately $41,000. 91.85% of the stock is owned by institutional investors.

TH International Company Profile

(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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