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How Will the Market React to GreenTree Hospitality Group Ltd - ADR (GHG) Stock Getting a Bearish Rating

Tuesday, October 04, 2022 03:43 PM | InvestorsObserver Analysts

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How Will the Market React to GreenTree Hospitality Group Ltd - ADR (GHG) Stock Getting a Bearish Rating

GreenTree Hospitality Group Ltd - ADR (GHG) stock has fallen 4.27% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bearish
GreenTree Hospitality Group Ltd - ADR has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on GHG!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With GHG Stock Today?

GreenTree Hospitality Group Ltd - ADR (GHG) stock is trading at $3.36 as of 2:51 PM on Tuesday, Oct 4, a rise of $0.30, or 9.8% from the previous closing price of $3.06. The stock has traded between $3.13 and $3.36 so far today. Volume today is 28,242 compared to average volume of 34,728.

More About GreenTree Hospitality Group Ltd - ADR

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 4340 hotels with nearly 315335 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. Click Here to get the full Stock Report for GreenTree Hospitality Group Ltd - ADR stock.

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