TH International (NASDAQ:THCH) Shares Up 0.6% – Still a Buy?

TH International Limited (NASDAQ:THCH)’s stock price shot up 0.6% during mid-day trading on Monday . The stock traded as high as $3.27 and last traded at $3.20. 6,324 shares traded hands during mid-day trading, a decline of 84% from the average session volume of 39,965 shares. The stock had previously closed at $3.18.

TH International Stock Up 0.3 %

The company has a market cap of $106.52 million, a P/E ratio of -1.26 and a beta of 0.52. The company has a 50 day moving average price of $3.16 and a 200-day moving average price of $12.99.

Institutional Inflows and Outflows

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) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 50,122 shares of the company’s stock, valued at approximately $41,000. 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.