GreenTree Hospitality Group (NYSE:GHG) Stock Price Up 2.1% – Here’s What Happened

GreenTree Hospitality Group Ltd. (NYSE:GHGGet Free Report)’s share price traded up 2.1% during trading on Monday . The stock traded as high as $2.50 and last traded at $2.45. 3,269 shares traded hands during mid-day trading, a decline of 69% from the average session volume of 10,557 shares. The stock had previously closed at $2.40.

GreenTree Hospitality Group Stock Up 1.8 %

The company has a 50-day moving average price of $2.57 and a 200 day moving average price of $2.65. The firm has a market capitalization of $255.37 million, a PE ratio of 4.66 and a beta of 0.48. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.54 and a quick ratio of 1.53.

GreenTree Hospitality Group (NYSE:GHGGet Free Report) last issued its earnings results on Thursday, November 21st. The company reported $0.09 earnings per share (EPS) for the quarter. GreenTree Hospitality Group had a return on equity of 12.70% and a net margin of 13.93%.

Institutional Investors Weigh In On GreenTree Hospitality Group

An institutional investor recently raised its position in GreenTree Hospitality Group stock. First Affirmative Financial Network boosted its stake in shares of GreenTree Hospitality Group Ltd. (NYSE:GHGFree Report) by 28.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,435 shares of the company’s stock after acquiring an additional 4,251 shares during the quarter. First Affirmative Financial Network’s holdings in GreenTree Hospitality Group were worth $60,000 as of its most recent SEC filing. 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.

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