GreenTree Hospitality Group Ltd. American depositary shares each representing one Class A (NYSE:GHG) traded at a new 52-week low today of $9.69. This new low was reached on below average trading volume as 53,000 shares traded hands, while the average 30-day volume is approximately 225,000 shares.
Potential upside of 9.3% exists for GreenTree Hospitality Group Ltd. American depositary shares each representing one Class A, based on a current level of $9.78 and analysts’ average consensus price target of $10.69.
GreenTree Hospitality Group Ltd is a franchised hotel operator in China as franchised and managed hotels represent almost all of the hotels in its hotel network. The hotel network of the company comprised approximately 4340 hotels with nearly 315335 rooms in China, covering all centrally-administrated municipalities and cities throughout all provinces and autonomous regions in China. The company operates its hotels under GreenTree Inns, GreenTree Eastern, Gme, Gya and VX, GreenTree Alliance, Vatica, and others. The company operates solely in China and generates all of its revenue from China itself.
GreenTree Hospitality Group Ltd. American depositary shares each representing one Class A share prices have moved between a 52-week high of $16.50 and the current low of $9.69 and are currently at $9.78 per share.
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