GreenTree Hospitality Group (NYSE:GHG) Trading Up 2.1% – What’s Next?

GreenTree Hospitality Group Ltd. (NYSE:GHG)’s share price shot up 2.1% on Monday . The company traded as high as $2.50 and last traded at $2.45. 3,269 shares were traded during trading, a decline of 69% from the average session volume of 10,557 shares. The stock had previously closed at $2.40.

GreenTree Hospitality Group Stock Performance

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 $248.77 million, a PE ratio of 4.54 and a beta of 0.48. The company’s 50 day moving average price is $2.58 and its 200-day moving average price is $2.65.

Institutional Inflows and Outflows

An institutional investor recently raised its position in GreenTree Hospitality Group stock. First Affirmative Financial Network lifted its stake in shares of GreenTree Hospitality Group Ltd. (NYSE:GHG) by 28.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 19,435 shares of the company’s stock after purchasing an additional 4,251 shares during the quarter. First Affirmative Financial Network’s holdings in GreenTree Hospitality Group were worth $60,000 as of its most recent SEC filing. Institutional investors 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.