GreenTree Hospitality Group Ltd. (NYSE:GHG – Get Free Report) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totalling 28,700 shares, a decrease of 10.0% from the August 31st total of 31,900 shares. Based on an average trading volume of 10,300 shares, the days-to-cover ratio is presently 2.8 days.
GreenTree Hospitality Group Stock Up 14.5 %
Shares of GHG traded up $0.41 during mid-day trading on Friday, reaching $3.23. The company’s stock had a trading volume of 36,358 shares, compared to its average volume of 8,664. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.49 and a quick ratio of 1.48. GreenTree Hospitality Group has a 12-month low of $2.31 and a 12-month high of $4.61. The stock has a market cap of $327.99 million, a PE ratio of 7.69 and a beta of 0.50. The company’s 50 day moving average is $2.55 and its 200 day moving average is $2.77.
GreenTree Hospitality Group (NYSE:GHG – Get Free Report) last announced its quarterly earnings results on Thursday, August 15th. The company reported $0.36 EPS for the quarter. GreenTree Hospitality Group had a net margin of 16.34% and a return on equity of 16.13%. The company had revenue of $45.37 million for 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 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 15,184 shares of the company’s stock, valued at approximately $37,000. Institutional investors own 8.05% of the company’s stock.
About GreenTree Hospitality Group
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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