TH International Limited (NASDAQ:THCH – Get Free Report)’s share price rose 5.1% during mid-day trading on Thursday . The company traded as high as $0.75 and last traded at $0.72. Approximately 34,365 shares changed hands during trading, a decline of 85% from the average daily volume of 224,854 shares. The stock had previously closed at $0.68.
TH International Stock Performance
The company has a market capitalization of $114.50 million, a price-to-earnings ratio of -0.93 and a beta of 0.31. The business’s 50-day simple moving average is $0.69 and its 200-day simple moving average is $0.84.
TH International (NASDAQ:THCH – Get Free Report) last announced its quarterly earnings results on Thursday, August 29th. The company reported ($0.04) earnings per share for the quarter. The company had revenue of $50.48 million for the quarter.
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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