Allspring Global Investments Holdings LLC reduced its holdings in shares of GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG - Free Report) by 5.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,862,247 shares of the company's stock after selling 293,196 shares during the period. Allspring Global Investments Holdings LLC owned about 4.79% of GreenTree Hospitality Group worth $11,767,000 at the end of the most recent quarter.
GreenTree Hospitality Group Stock Up 1.8%
NYSE GHG traded up $0.04 on Monday, hitting $2.22. 9,552 shares of the stock were exchanged, compared to its average volume of 15,288. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.17. GreenTree Hospitality Group Ltd. Sponsored ADR has a fifty-two week low of $1.93 and a fifty-two week high of $3.40. The company has a market cap of $225.37 million, a PE ratio of 5.16 and a beta of 0.51. The company has a 50-day moving average price of $2.07 and a 200-day moving average price of $2.36.
GreenTree Hospitality Group (NYSE:GHG - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.17). GreenTree Hospitality Group had a return on equity of 7.51% and a net margin of 8.67%. The firm had revenue of $41.71 million for the quarter, compared to analyst estimates of $48.24 million.
GreenTree Hospitality Group Profile
(
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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