TH International (NASDAQ:THCH) Stock Price 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)'s share price fell 1.2% during trading on Tuesday . The stock traded as low as $2.51 and last traded at $2.53. 28,610 shares traded hands 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 Stock Performance

The business's 50 day moving average is $2.70 and its 200 day moving average is $2.77. The company has a market capitalization of $83.95 million, a price-to-earnings ratio of -1.66 and a beta of 0.53.

TH International (NASDAQ:THCH - Get Free Report) last issued its quarterly earnings results on Tuesday, August 26th. The company reported ($0.17) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.17). The company 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.

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