GreenTree Hospitality Group (NYSE:GHG) Stock Price Down 1.9% – Time to Sell?

GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG)’s stock price was down 1.9% during trading on Monday . The stock traded as low as $1.83 and last traded at $1.8450. Approximately 11,535 shares changed hands during mid-day trading, an increase of 26% from the average daily volume of 9,144 shares. The stock had previously closed at $1.88.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of GreenTree Hospitality Group in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

GreenTree Hospitality Group Trading Down 2.7%

The company has a market capitalization of $183.75 million, a price-to-earnings ratio of 4.21 and a beta of 0.64. The company has a current ratio of 1.70, a quick ratio of 1.69 and a debt-to-equity ratio of 0.15. The business’s 50 day moving average price is $1.99 and its two-hundred day moving average price is $2.10.

GreenTree Hospitality Group (NYSE:GHG) last released its quarterly earnings data on Wednesday, October 1st. The company reported $0.46 earnings per share (EPS) for the quarter. The company had revenue of $40.83 million for the quarter.

GreenTree Hospitality Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 25th. Investors of record on Friday, October 31st were given a dividend of $0.06 per share. The ex-dividend date was Friday, October 31st. This represents a $0.24 dividend on an annualized basis and a yield of 13.3%. GreenTree Hospitality Group’s payout ratio is currently 11.63%.

GreenTree Hospitality Group Company Profile

GreenTree Hospitality Group Ltd., through its subsidiaries, develops leased-and-operated, and franchised-and-managed hotels under the GreenTree Inns brand in the People's Republic of China. It also engages in investment holding activities; and provision of information technology services. The company was founded in 2004 and is headquartered in Shanghai, the People's Republic of China.