GreenTree Hospitality Group Ltd. (NYSE:GHG – Get Free Report) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 28,700 shares, a drop of 10.0% from the August 31st total of 31,900 shares. Based on an average daily trading volume, of 10,300 shares, the short-interest ratio is currently 2.8 days.
GreenTree Hospitality Group Stock Performance
Shares of GreenTree Hospitality Group stock traded up $0.41 on Friday, reaching $3.23. 36,358 shares of the stock were exchanged, compared to its average volume of 8,664. The company has a current ratio of 1.49, a quick ratio of 1.48 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $327.99 million, a PE ratio of 7.69 and a beta of 0.50. GreenTree Hospitality Group has a 1-year low of $2.31 and a 1-year high of $4.61. The business has a fifty day moving average price of $2.55 and a two-hundred day moving average price of $2.77.
GreenTree Hospitality Group (NYSE:GHG – Get Free Report) last posted its quarterly earnings results on Thursday, August 15th. The company reported $0.36 EPS for the quarter. GreenTree Hospitality Group had a return on equity of 16.13% and a net margin of 16.34%. The business had revenue of $45.37 million during the quarter.
GreenTree Hospitality Group Cuts Dividend
Hedge Funds 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 shares of GreenTree Hospitality Group Ltd. (NYSE:GHG – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 15,184 shares of the company’s stock, valued at approximately $37,000. 8.05% of the stock is currently owned by institutional investors and hedge funds.
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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