GreenTree Hospitality Group (NYSE:GHG) Stock Price Up 2.1% – Here’s What Happened

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

GreenTree Hospitality Group Trading Up 1.8 %

The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.53 and a current ratio of 1.54. The company has a market cap of $255.37 million, a P/E ratio of 4.66 and a beta of 0.48. The stock has a 50-day moving average of $2.57 and a two-hundred day moving average of $2.65.

GreenTree Hospitality Group (NYSE:GHG) last posted its earnings results on Thursday, November 21st. The company reported $0.09 EPS for the quarter. GreenTree Hospitality Group had a return on equity of 12.70% and a net margin of 13.93%.

Institutional Trading of GreenTree Hospitality Group

A hedge fund recently raised its stake in GreenTree Hospitality Group stock. First Affirmative Financial Network boosted its stake in shares of GreenTree Hospitality Group Ltd. (NYSE:GHG) by 28.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,435 shares of the company’s stock after purchasing an additional 4,251 shares during the period. First Affirmative Financial Network’s holdings in GreenTree Hospitality Group were worth $60,000 at the end of the most recent quarter. Institutional investors and hedge funds own 8.05% of the company’s stock.

About GreenTree Hospitality Group

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.