GreenTree Hospitality Group Ltd. (NYSE:GHG) Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC lessened its holdings in shares of GreenTree Hospitality Group Ltd. (NYSE:GHG) by 1.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,155,443 shares of the company’s stock after selling 90,400 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.05% of GreenTree Hospitality Group worth $13,198,000 as of its most recent SEC filing.

GreenTree Hospitality Group Stock Performance

NYSE:GHG opened at $2.83 on Tuesday. The company has a quick ratio of 1.53, a current ratio of 1.54 and a debt-to-equity ratio of 0.16. GreenTree Hospitality Group Ltd. has a fifty-two week low of $2.31 and a fifty-two week high of $3.48. The stock has a market cap of $287.76 million, a PE ratio of 5.25 and a beta of 0.49. The firm’s fifty day simple moving average is $2.57 and its 200-day simple moving average is $2.68.

GreenTree Hospitality Group (NYSE:GHG) last issued its earnings results on Thursday, November 21st. The company reported $0.09 earnings per share for the quarter. GreenTree Hospitality Group had a net margin of 13.93% and a return on equity of 12.70%.

GreenTree Hospitality Group 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.