TH International (NASDAQ:THCH) Trading Up 1.2% – Still a Buy?

TH International Limited (NASDAQ:THCH)’s stock price rose 1.2% on Thursday . The stock traded as high as $3.38 and last traded at $3.25. Approximately 9,332 shares changed hands during trading, a decline of 52% from the average daily volume of 19,407 shares. The stock had previously closed at $3.21.

TH International Trading Down 4.3 %

The stock has a market capitalization of $103.19 million, a PE ratio of -1.22 and a beta of 0.54. The stock’s fifty day simple moving average is $10.27 and its 200-day simple moving average is $15.16.

TH International (NASDAQ:THCH) last released its quarterly earnings results on Tuesday, November 12th. The company reported ($1.00) earnings per share for the quarter. The company had revenue of $51.28 million for the quarter.

Institutional Trading of TH International

An institutional investor recently bought a new position in TH International stock. Jane Street Group LLC purchased a new position in TH International Limited (NASDAQ:THCH) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 50,122 shares of the company’s stock, valued at approximately $41,000. Hedge funds and other institutional investors own 91.85% of the company’s stock.

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.