Atour Lifestyle Holdings (ATAT, Financial) saw a significant boost in its stock price, surging 5.11%. The stock last traded at $27.37 per share with a trading volume of 2.02476 million shares and a turnover rate of 1.47%. The price fluctuation stood at 2.61%.
Recent financial reports reveal that Atour Lifestyle Holdings achieved a revenue of $248 million, a net profit of $41.93 million, an earnings per share (EPS) of $0.30, and a gross profit of $103 million. The price-to-earnings (P/E) ratio is 26.36x.
Institutional ratings for ATAT are overwhelmingly positive. Among the 14 institutions that rated the stock, all recommended a buy, with none suggesting hold or sell.
The accommodation industry, where Atour operates, saw an overall gain of 0.74%. Significant movers in this sector included Sonder Holdings Inc C/Wts 18/01/2027 (To Pur Com), Luxurban Hotels Inc., and Huazhu. Luxurban Hotels Inc., Atour (ATAT, Financial), and Huazhu were particularly active, with turnover rates of 3.14%, 1.48%, and 0.74%, respectively. Luxurban Hotels Inc., Sonder Holdings Inc., and GreenTree Hospitality Group exhibited the most volatility, with price fluctuations of 10.43%, 8.43%, and 6.85%, respectively.
Atour Lifestyle Holdings, a mid- to high-end chain hotel operator in China, generates income through franchise and management fees, sales of hotel supplies, lease operations, and retail products. It operates under one segment: Atour Lifestyle Holdings.
