Atour Lifestyle Holdings Limited (NASDAQ:ATAT – Get Free Report) was the target of a large increase in short interest in July. As of July 31st, there was short interest totalling 2,940,000 shares, an increase of 20.5% from the July 15th total of 2,440,000 shares. Based on an average trading volume of 984,400 shares, the short-interest ratio is currently 3.0 days. Approximately 2.7% of the shares of the stock are short sold.
Atour Lifestyle Stock Up 0.6 %
NASDAQ:ATAT traded up $0.10 during trading hours on Friday, reaching $17.27. The company had a trading volume of 1,041,198 shares, compared to its average volume of 778,945. The firm has a market capitalization of $2.38 billion, a PE ratio of 17.80, a PEG ratio of 0.40 and a beta of 0.56. The stock has a 50-day moving average of $17.61 and a two-hundred day moving average of $18.12. Atour Lifestyle has a one year low of $15.06 and a one year high of $23.00.
Atour Lifestyle (NASDAQ:ATAT – Get Free Report) last announced its earnings results on Thursday, May 23rd. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.02. The business had revenue of $203.36 million during the quarter. Atour Lifestyle had a net margin of 18.19% and a return on equity of 50.00%. As a group, sell-side analysts expect that Atour Lifestyle will post 1.11 earnings per share for the current year.
Institutional Investors Weigh In On Atour Lifestyle
Analyst Upgrades and Downgrades
Separately, Macquarie initiated coverage on shares of Atour Lifestyle in a research report on Monday, April 22nd. They issued an “outperform” rating and a $26.00 price target for the company.
Read Our Latest Analysis on Atour Lifestyle
About Atour Lifestyle
Atour Lifestyle Holdings Limited, through its subsidiaries, provides lifestyle brands around hotel offerings in the People's Republic of China. The company operates a series of themed hotels, including music hotels, basketball hotels, and literary hotels catering to the various lifestyles across different age groups with varied interests.
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