GreenTree Hospitality Group Ltd. (NYSE:GHG) Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC decreased its position in shares of GreenTree Hospitality Group Ltd. (NYSE:GHG) by 1.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,155,443 shares of the company’s stock after selling 90,400 shares during the period. Allspring Global Investments Holdings LLC owned 5.08% of GreenTree Hospitality Group worth $13,198,000 as of its most recent SEC filing.

GreenTree Hospitality Group Trading Up 5.4 %

GHG opened at $2.83 on Tuesday. The business’s 50 day moving average is $2.57 and its two-hundred day moving average is $2.68. The firm has a market cap of $287.76 million, a price-to-earnings ratio of 5.25 and a beta of 0.49. GreenTree Hospitality Group Ltd. has a 52 week low of $2.31 and a 52 week high of $3.48. The company has a quick ratio of 1.53, a current ratio of 1.54 and a debt-to-equity ratio of 0.16.

GreenTree Hospitality Group (NYSE:GHG) last posted its quarterly earnings data on Thursday, November 21st. The company reported $0.09 EPS for the quarter. GreenTree Hospitality Group had a net margin of 13.93% and a return on equity of 12.70%.

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.