Chagee (NASDAQ:CHA - Get Free Report) released its quarterly earnings data on Friday. The company reported $0.54 earnings per share for the quarter, Zacks reports. The firm had revenue of $467.53 million for the quarter.
Chagee Stock Performance
Shares of Chagee stock traded down $2.44 on Friday, hitting $28.54. 1,660,732 shares of the company's stock traded hands, compared to its average volume of 1,653,349. Chagee has a one year low of $27.21 and a one year high of $41.80.
Analysts Set New Price Targets
Separately, Wall Street Zen raised Chagee from a "hold" rating to a "buy" rating in a report on Wednesday.
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Chagee Company Profile
(
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Our Mission With every cup of our tea, we aspire to foster a global connection of people and cultures. Our Vision To modernize the tea-drinking experience through technology and innovation. Our Core Values “Customer First” is the foundational philosophy of how we make decisions and run our business. “Caring for Partners” is the core value that defines how we interact with consumers, franchise partners, suppliers, and employees.
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