GHG - Shares of GreenTree Hospitality Group Ltd. American depositary shares each representing one Class A (GHG) Rise to a New 52-Week High

GreenTree Hospitality Group Ltd. American depositary shares each representing one Class A (NYSE:GHG) traded at a new 52-week high today of $16.50. Approximately 106,000 shares have changed hands today, as compared to an average 30-day volume of 120,000 shares.

GreenTree Hospitality Group Ltd. American depositary shares each representing one Class A (NYSE:GHG) is currently priced 6.8% above its average consensus analyst price target of $15.09.

In the past 52 weeks, shares of GreenTree Hospitality Group Ltd. American depositary shares each representing one Class A have traded between a low of $11.76 and a high of $16.50 and is now at $16.20, which is 38% above that low price.

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 2,200 hotels with nearly190,000 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.

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