GHG - GreenTree Hospitality Group Ltd. American depositary shares each representing one Class A: The Winning Streak Continues (GHG)
GreenTree Hospitality Group Ltd. American depositary shares each representing one Class A (NYSE:GHG) traded today at a new 52-week high of $15.38. So far today approximately 65,000 shares have been exchanged, as compared to an average 30-day volume of 115,000 shares.
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.
Over the past year, GreenTree Hospitality Group Ltd. American depositary shares each representing one Class A has traded in a range of $11.76 to $15.38 and is now at $15.31, 30% above that low.
Based on a current price of $15.31, GreenTree Hospitality Group Ltd. American depositary shares each representing one Class A is currently 1.4% above its average consensus analyst price target of $15.09.
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