GreenTree Hospitality Group (NYSE:GHG) Shares Up 2.5% - Should You Buy?

GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG - Get Free Report) shares shot up 2.5% during mid-day trading on Tuesday . The stock traded as high as $2.10 and last traded at $2.06. 3,402 shares traded hands during trading, a decline of 78% from the average session volume of 15,329 shares. The stock had previously closed at $2.01.

GreenTree Hospitality Group Stock Up 2.5%

The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.17. The stock has a 50 day simple moving average of $2.08 and a 200 day simple moving average of $2.41. The firm has a market capitalization of $209.13 million, a PE ratio of 4.79 and a beta of 0.51.

GreenTree Hospitality Group (NYSE:GHG - Get Free Report) last issued its 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). The firm had revenue of $41.71 million during the quarter, compared to analysts' expectations of $48.24 million. GreenTree Hospitality Group had a return on equity of 7.51% and a net margin of 8.67%.

Hedge Funds Weigh In On GreenTree Hospitality Group

A hedge fund recently raised its stake in GreenTree Hospitality Group stock. Genus Capital Management Inc. boosted its holdings in shares of GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG - Free Report) by 200.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,616 shares of the company's stock after purchasing an additional 31,232 shares during the period. Genus Capital Management Inc.'s holdings in GreenTree Hospitality Group were worth $38,000 at the end of the most recent reporting period. 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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