GreenTree Hospitality Group (NYSE:GHG) Shares Down 0.2% - Should You Sell?

Key Points

• GreenTree Hospitality Group's stock price declined by 0.2%, trading at $2.30 with significant volume dropping by 51% compared to the average daily volume.
• The company reported a loss of ($0.10) earnings per share in its last quarterly earnings, falling short of analysts' expectations by ($0.17).
• A hedge fund increased its stake in the company by 200%, owning 15,616 shares valued at $38,000, indicating growing interest from institutional investors.

GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG - Get Free Report)'s stock price dropped 0.2% on Friday . The stock traded as low as $2.22 and last traded at $2.30. Approximately 12,742 shares traded hands during trading, a decline of 51% from the average daily volume of 26,012 shares. The stock had previously closed at $2.30.

GreenTree Hospitality Group Trading Up 2.9%

The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.57 and a current ratio of 1.57. The firm has a 50 day simple moving average of $2.16 and a two-hundred day simple moving average of $2.35. The firm has a market capitalization of $234.00 million, a P/E ratio of 5.36 and a beta of 0.51.

Hedge Funds Weigh In On GreenTree Hospitality Group

A hedge fund recently raised its stake in GreenTree Hospitality Group stock. Genus Capital Management Inc. lifted its holdings in shares of GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG - Free Report) by 200.0% during the first quarter, according to its most recent 13F 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.

GreenTree Hospitality Group Company Profile

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.