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TH International (NASDAQ:THCH) Trading Up 5.5% - Here's What Happened

TH International logo with Retail/Wholesale background

Key Points

  • TH International Limited (NASDAQ:THCH) saw a 5.5% increase in stock price on Friday, closing at $2.89 after reaching a high of $2.93.
  • The company, with a market capitalization of $95.90 million, operates Tim Hortons coffee shops in China, Hong Kong, and Macau.
  • TH International has a negative PE ratio of -2.06 and a beta of 0.54, indicating lower volatility compared to the overall market.
  • Want stock alerts on TH International? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shares of TH International Limited (NASDAQ:THCH - Get Free Report) shot up 5.5% on Friday . The company traded as high as $2.93 and last traded at $2.89. 9,572 shares changed hands during trading, an increase of 12% from the average session volume of 8,539 shares. The stock had previously closed at $2.74.

TH International Price Performance

The firm has a market capitalization of $87.06 million, a PE ratio of -1.87 and a beta of 0.54. The business's 50-day moving average price is $2.85 and its 200-day moving average price is $2.88.

TH International Company Profile

(Get Free Report)

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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