[ad_1]
GreenTree Hotels Group, Inc. (NYSE: GHG – Get Free Report ) shares rose 0.3% on Friday’s trading session. The company’s highest trading price was $3.19 and its latest trading price was $3.08. 2,772 shares changed hands in midday trading, down 35% from the average volume of 4,294 shares. The stock previously closed at $3.07.
Analyst upgrades and downgrades
Separately, TheStreet downgraded GreenTree Inn Group from a “c” rating to a “d” rating in a report on Friday, December 1st.
Get our latest greenhouse gas inventory analysis
GreenTree Inn Hotel Group value for money
The business has a 50-day moving average price of $3.18 and a 200-day moving average price of $3.97.
Institutional inflows and outflows
Many hedge funds have recently increased or decreased their GHG holdings. Sei Investments Co. purchased a new position in GreenTree Inn Group during the first quarter valued at approximately $2,040,000. JPMorgan Chase & Co. increased its stake in GreenTree Hotels Group by 300,895.2% in the first quarter. JPMorgan Chase & Co. now owns 63,209 shares of the company’s stock valued at $317,000 after purchasing an additional 63,188 shares during the last quarter. Norges Bank purchased a new position in GreenTree Hotels Group in the fourth quarter worth approximately $188,000. Envestnet Asset Management Inc. purchased a new position in GreenTree Inn Group during the 1st quarter worth approximately $80,000. Finally, Genus Capital Management Inc. purchased a new position in GreenTree Inn Group during the second quarter worth approximately $81,000. Hedge funds and other institutional investors hold 8.74% of the company’s shares.
About GreenTree Hotels Group
(Get your free report)
GreenTree Inn Hotel Group Co., Ltd., through its subsidiaries, develops leased and operated as well as franchised and managed hotels in the People’s Republic of China under the GreenTree Inn brand. It also engages in investment holding activities; and provides information technology services. The company was founded in 2004 and is headquartered in Shanghai, People’s Republic of China.
You can also take a look
Receive daily news and ratings from GreenTree Inn & Suites – Enter your email address below to receive a concise daily summary of the latest news and analyst ratings for GreenTree Hotels Group and related companies with MarketBeat.com’s free daily email newsletter.
[ad_2]
Source link