GreenTree Hospitality Group (NYSE:GHG – Get Free Report) posted its quarterly earnings results on Tuesday. The company reported $0.08 earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $48.78 million for the quarter. GreenTree Hospitality Group had a return on equity of 21.19% and a net margin of 19.47%.
GreenTree Hospitality Group Price Performance
Shares of NYSE:GHG opened at $2.53 on Thursday. The company has a current ratio of 1.21, a quick ratio of 1.20 and a debt-to-equity ratio of 0.04. The stock’s fifty day simple moving average is $2.91 and its two-hundred day simple moving average is $3.14. GreenTree Hospitality Group has a 1-year low of $2.38 and a 1-year high of $6.78. The stock has a market cap of $256.90 million, a PE ratio of 6.02 and a beta of 0.55.
Analysts Set New Price Targets
Separately, Morgan Stanley upgraded GreenTree Hospitality Group from an “underweight” rating to an “equal weight” rating and set a $4.00 target price on the stock in a report on Monday, May 20th.
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.
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