HTHT Stock Summary and Trading Ideas (H World Group Limited - American Depositary Shares | NASDAQ:HTHT)

H World Group Ltd is a multi-brand hotel group in China with international operations. It operates in the leased, manachised, and franchised models. The company has two operating segments; legacy Huazhu and legacy DH. Its brand and product offering includes Economy hotel brands: HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, and Ibis Hotel, Midscale hotel brands: JI Hotel, Orange Hotel, Starway Hotel and Ibis Styles Hotel, Upper midscale hotel brands: Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, CitiGO Hotel and MAXX by Steigenberger, Upscale hotel brands: Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, Jaz in the City, and Grand Mercure; and Luxury hotel brand: Steigenberger Icon and Song Hotels.

H World Group Limited - American Depositary Shares trades on the NASDAQ stock market under the symbol HTHT.

As of April 24, 2024, HTHT stock price climbed to $39.16 with 554,275 million shares trading.

HTHT has a beta of 0.52, meaning it tends to be less sensitive to market movements. HTHT has a correlation of 0.02 to the broad based SPY ETF.

HTHT has a market cap of $12.29 billion. This is considered a Large Cap stock.

Last quarter H World Group Limited - American Depositary Shares reported $786 million in Revenue and $.29 earnings per share. This beat revenue expectation by $29 million and missed earnings estimates by -$.07.

In the last 3 years, HTHT stock traded as high as $61.51 and as low as $21.98.

The top ETF exchange traded funds that HTHT belongs to (by Net Assets): IEMG, MCHI, EEM, IXUS, VXUS.

HTHT stock has underperformed the market in the last year with a return of -16.5%, while SPY returned +24.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in HTHT shares. However, HTHT has outperformed the market in the last 3 month and 2 week periods, returning +19.2% and -2.1%, while SPY returned +4.6% and -2.7%, respectively. This indicates HTHT has been having a stronger performance recently.

HTHT support price is $37.79 and resistance is $39.51 (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 HTHT stock will trade within this expected range on the day.