GreenTree Hospitality Group (NYSE:GHG) Stock Price Down 0.2% - Here's Why

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 share price was down 0.2% on Friday . The company traded as low as $2.22 and last traded at $2.30. Approximately 12,742 shares changed hands during mid-day 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 Stock Performance

The company's fifty day moving average price is $2.15 and its 200 day moving average price is $2.35. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.57 and a quick ratio of 1.57. The company has a market cap of $232.99 million, a PE ratio of 5.34 and a beta of 0.51.

GreenTree Hospitality Group (NYSE:GHG - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by ($0.17). The company had revenue of $41.71 million for 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%.

Institutional Investors Weigh In On GreenTree Hospitality Group

A hedge fund recently raised its stake in GreenTree Hospitality Group stock. Genus Capital Management Inc. raised its stake 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 13F filing with the Securities and Exchange Commission. The firm owned 15,616 shares of the company's stock after purchasing an additional 31,232 shares during the quarter. Genus Capital Management Inc.'s holdings in GreenTree Hospitality Group were worth $38,000 at the end of the most recent reporting period. Hedge funds and other 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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