GreenTree Hospitality Group (NYSE:GHG) Shares Up 2.1% – Here’s Why

Posted by Faye Duncan on Jan 21st, 2025

GreenTree Hospitality Group Ltd. (NYSE:GHG – Get Free Report) traded up 2.1% during trading on Monday . The stock traded as high as $2.50 and last traded at $2.45. 3,269 shares changed hands during trading, a decline of 69% from the average session volume of 10,557 shares. The stock had previously closed at $2.40.

GreenTree Hospitality Group Trading Up 2.1 %

The company has a market capitalization of $248.77 million, a P/E ratio of 4.54 and a beta of 0.48. The company has a quick ratio of 1.53, a current ratio of 1.54 and a debt-to-equity ratio of 0.16. The firm’s 50-day moving average price is $2.58 and its 200 day moving average price is $2.65.

Institutional Investors Weigh In On GreenTree Hospitality Group

A hedge fund recently raised its stake in GreenTree Hospitality Group stock. First Affirmative Financial Network grew its holdings in shares of GreenTree Hospitality Group Ltd. (NYSE:GHG – Free Report) by 28.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,435 shares of the company’s stock after purchasing an additional 4,251 shares during the quarter. First Affirmative Financial Network’s holdings in GreenTree Hospitality Group were worth $60,000 at the end of the most recent reporting period. 8.05% of the stock is owned by hedge funds and other institutional investors.

GreenTree Hospitality Group Company Profile

(Get Free Report)

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.