GreenTree Hospitality Group Ltd. (NYSE:GHG – Get Free Report) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 57,500 shares, an increase of 7.9% from the May 31st total of 53,300 shares. Based on an average trading volume of 9,600 shares, the short-interest ratio is presently 6.0 days.
GreenTree Hospitality Group Stock Up 1.4 %
NYSE:GHG opened at $2.51 on Thursday. The business’s fifty day moving average price is $2.85 and its 200 day moving average price is $3.10. The firm has a market capitalization of $254.36 million, a price-to-earnings ratio of 5.96 and a beta of 0.51. The company has a current ratio of 1.30, a quick ratio of 1.29 and a debt-to-equity ratio of 0.17. GreenTree Hospitality Group has a 1-year low of $2.38 and a 1-year high of $6.78.
GreenTree Hospitality Group (NYSE:GHG – Get Free Report) last posted its quarterly earnings results on Tuesday, June 25th. The company reported $0.08 earnings per share (EPS) for the quarter. GreenTree Hospitality Group had a net margin of 19.47% and a return on equity of 21.03%. The business had revenue of $48.78 million during the quarter.
Institutional Investors Weigh In On GreenTree Hospitality Group
Analysts Set New Price Targets
Separately, Morgan Stanley upgraded GreenTree Hospitality Group from an “underweight” rating to an “equal weight” rating and set a $4.00 price target on the stock in a research report on Monday, May 20th.
Get Our Latest Analysis on GreenTree Hospitality Group
GreenTree Hospitality Group Company Profile
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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