GHG Stock Summary and Trading Ideas (Greentree Hospitality Group Ltd. American Depositary Shares Each Representing One Class A Ordinary Share | NYSE:GHG)

GreenTree Hospitality Group Ltd is a franchised hotel operator in China as franchised and managed hotels represent almost all the hotels in its hotel network. The hotel network of the company comprised approximately 4,059 hotels with nearly 302,497 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 its revenue from China itself.

Greentree Hospitality Group Ltd. American Depositary Shares Each Representing One Class A Ordinary Share trades on the NYSE stock market under the symbol GHG.

As of December 13, 2024, GHG stock price climbed to $2.56 with 12,511 million shares trading.

GHG has a market cap of $259.82 million. This is considered a Small Cap stock.

In the last 3 years, GHG traded as high as $9.18 and as low as $2.31.

GHG has underperformed the market in the last year with a price return of -27.2% while the SPY ETF gained +29.9%. However, in the short term, GHG had mixed performance relative to the market. It has outperformed in the last 3 months, returning +9.9% vs +7.8% return in SPY. But in the last 2 weeks, GHG shares have been beat by the market, returning -4.2% compared to an SPY return of +0.3%.

GHG support price is $2.40 and resistance is $2.60 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GHG shares will trade within this expected range on the day.