GreenTree Hospitality Group (NYSE:GHG) Trading 1.9% Higher – Still a Buy?

GreenTree Hospitality Group Ltd. (NYSE:GHG) shares were up 1.9% during mid-day trading on Friday . The company traded as high as $2.72 and last traded at $2.72. Approximately 3,267 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 8,586 shares. The stock had previously closed at $2.67.

GreenTree Hospitality Group Stock Up 1.9 %

The firm has a 50-day simple moving average of $2.84 and a 200 day simple moving average of $2.74. The stock has a market capitalization of $276.19 million, a P/E ratio of 4.46 and a beta of 0.51. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.49 and a quick ratio of 1.48.

GreenTree Hospitality Group (NYSE:GHG) last posted its earnings results on Thursday, August 15th. The company reported $0.36 EPS for the quarter. GreenTree Hospitality Group had a net margin of 16.34% and a return on equity of 16.13%. The business had revenue of $45.37 million for the quarter.

Institutional Trading of GreenTree Hospitality Group

A hedge fund recently bought a new stake in GreenTree Hospitality Group stock. First Affirmative Financial Network purchased a new stake in GreenTree Hospitality Group Ltd. (NYSE:GHG) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 15,184 shares of the company’s stock, valued at approximately $37,000. 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.