GreenTree Hospitality Group (NYSE:GHG) Shares Down 2.8% - Time to Sell?

Key Points

• GreenTree Hospitality Group shares fell 2.8% mid-day trading, closing at $2.08 after a drop from a previous closure of $2.14.
• The company reported a market capitalization of $211.16 million and a P/E ratio of 4.84, indicating potentially underpriced stock.
• An institutional investor, Genus Capital Management Inc., increased its stake in the company by 200%, highlighting a growing interest in GreenTree Hospitality Group among institutional investors.

GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG - ) shares were down 2.8% during mid-day trading on Monday . The stock traded as low as $2.02 and last traded at $2.08. Approximately 15,654 shares traded hands during mid-day trading, a decline of 76% from the average daily volume of 64,327 shares. The stock had previously closed at $2.14.

GreenTree Hospitality Group Stock Performance

The stock has a market capitalization of $211.16 million, a P/E ratio of 4.84 and a beta of 0.50. The company has a 50 day simple moving average of $2.20 and a 200-day simple moving average of $2.20. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.57 and a quick ratio of 1.57.

Institutional Trading of GreenTree Hospitality Group

An institutional investor recently raised its position in GreenTree Hospitality Group stock. Genus Capital Management Inc. raised its holdings in shares of GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG - Free Report) by 200.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,616 shares of the company's stock after buying an additional 31,232 shares during the quarter. Genus Capital Management Inc.'s holdings in GreenTree Hospitality Group were worth $38,000 as of its most recent filing with the Securities & Exchange Commission. 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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