TH International (NASDAQ:THCH) Trading Up 6.3% – Should You Buy?

TH International Limited (NASDAQ:THCHGet Free Report) rose 6.3% during mid-day trading on Monday . The company traded as high as $2.25 and last traded at $2.2110. Approximately 6,445 shares traded hands during trading, an increase of 48% from the average daily volume of 4,357 shares. The stock had previously closed at $2.08.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of TH International in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Get Our Latest Analysis on TH International

TH International Stock Performance

The business’s 50-day moving average is $2.00 and its 200-day moving average is $2.31.

Institutional Inflows and Outflows

An institutional investor recently raised its position in TH International stock. Susquehanna International Group LLP grew its position in TH International Limited (NASDAQ:THCHFree Report) by 170.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 29,743 shares of the company’s stock after buying an additional 18,731 shares during the period. Susquehanna International Group LLP owned approximately 0.09% of TH International worth $78,000 as of its most recent SEC filing. Institutional investors and hedge funds own 91.85% of the company’s stock.

TH International Company Profile

(Get Free Report)

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.

Further Reading

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