GreenTree Hospitality Group (GHG, Financial) experienced a significant stock fluctuation, plummeting 5.87%. The stock is currently priced at $2.73 per share with a trading volume of 2,918 shares and a turnover rate of 0.00%. The stock's amplitude was recorded at 4.77%.
According to the recent financial report, GreenTree Hospitality posted a revenue of $45.53 million and a net profit of $8.52 million, resulting in earnings per share of $0.08. The company reported a gross profit of $18.14 million and has a price-to-earnings ratio of 8.15. Currently, there are no institutional ratings for buy, hold, or sell recommendations for this stock.
Within the lodging industry, where GreenTree Hospitality operates, the sector experienced an overall increase of 1.15%. Notably, stocks such as Luxurban Hotels Inc, The Intergroup Corporation, and Marriott saw significant gains. Luxurban Hotels Inc, Sonder Holdings Inc, and Select International Hotels were particularly active, boasting turnover rates of 8.20%, 2.39%, and 0.56%, respectively. Sonder Holdings Inc and Luxurban Hotels Inc also showed notable amplitude, with 29.68% and 20.22% respectively.
GreenTree Hospitality Group is a China-based franchised hotel operator. Its network includes around 4,059 hotels and approximately 302,497 rooms, covering all provinces and municipalities across China. The company operates various hotel brands, including GreenTree Inns, GME, Gya, and Vatica, exclusively within China, deriving all its revenue locally.
