TH International (NASDAQ:THCH) Shares Down 1.2% - Here's Why

Key Points

• TH International's stock price decreased by 1.2% to $2.53, with an increased trading volume of 28,610 shares.
• For the latest quarter, the company reported an earnings per share (EPS) of ($0.17) and revenue of $48.72 million, falling short of analyst expectations.
• TH International operates Tim Hortons coffee shops primarily in China, Hong Kong, and Macau.

TH International Limited (NASDAQ:THCH - Get Free Report) fell 1.2% on Tuesday . The company traded as low as $2.51 and last traded at $2.53. 28,610 shares were traded during mid-day trading, an increase of 31% from the average session volume of 21,824 shares. The stock had previously closed at $2.56.

TH International Price Performance

The company has a market capitalization of $84.61 million, a P/E ratio of -1.68 and a beta of 0.53. The stock's 50 day simple moving average is $2.67 and its two-hundred day simple moving average is $2.76.

TH International (NASDAQ:THCH - Get Free Report) last issued its quarterly earnings data on Tuesday, August 26th. The company reported ($0.17) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.17). The firm had revenue of $48.72 million for the quarter, compared to analyst estimates of $53.98 million.

TH International Company Profile

TH International Limited operates Tim Hortons coffee shops in mainland China, Hong Kong, and Macau. The company offers brewed tea, coffee, milk tea, lemonade, hot chocolate, and coffee drinks. It is also involved in franchise related business. The company is based in Shanghai, the People's Republic of China.