Greene King Holdings (GHG, Financial) experienced a significant stock price decline of 5.37%, bringing its share value down to $3.09. The trading volume was 1,912 shares with no turnover or price fluctuation reported at the time of this summary.
Recent financial performance revealed revenues of $45.53 million, net profits of $8.52 million, and earnings per share at $0.08. The company's gross profit stood at $18.14 million, maintaining a price-to-earnings ratio of 9.45. Despite these figures, the sole institutional rating provided suggests only holding the stock, with no recommendation to buy or sell.
Within the accommodation industry sector, where Greene King operates, the overall decline was reported at 0.27%. Notably, Luxurban Hotels Inc. and Sonder Holdings Inc. saw significant gains, indicating variability in the sector. Luxurban Hotels Inc. stood out with a turnover rate of 2.88% and a substantial price swing of 9.54%, marking it as one of the more volatile stocks.
Greene King Holdings is a Chinese franchise hotel operator with a network of approximately 4,059 hotels and nearly 302,497 rooms across China. The company's brands include Greene Hotels, Green Orient, GME, Gya, VX, Green Alliance, and Vatica, with all operations and revenues originating within China.
