Look For Institutional Buying In H World Group Limited ADR (NASDAQ: HTHT)

H World Group Limited ADR (HTHT) concluded trading on Wednesday at a closing price of $38.40, with 2.94 million shares of worth about $112.93 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -1.94% during that period and on October 23, 2024 the price saw a gain of about 1.86%. Currently the company’s common shares owned by public are about 315.90M shares, out of which, 312.92M shares are available for trading.

Stock saw a price change of 0.13% in past 5 days and over the past one month there was a price change of 18.41%. Year-to-date (YTD), HTHT shares are showing a performance of 14.83% which increased to 7.33% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $27.03 but also hit the highest price of $42.98 during that period. The average intraday trading volume for H World Group Limited ADR shares is 2.05 million. The stock is currently trading -1.68% below its 20-day simple moving average (SMA20), while that difference is up 15.44% for SMA50 and it goes to 10.58% higher than SMA200.

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H World Group Limited ADR (NASDAQ: HTHT) currently have 315.90M outstanding shares and institutions hold larger chunk of about 46.47% of that.

The stock has a current market capitalization of $12.03B and its 3Y-monthly beta is at 0.76. PE ratio of stock for trailing 12 months is 23.94, while it has posted earnings per share of $1.60 in the same period. Its PEG reads 0.92 and has Quick Ratio of 0.96 while making debt-to-equity ratio of 2.86. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HTHT, volatility over the week remained 3.23% while standing at 4.14% over the month.

Stock’s fiscal year EPS is expected to rise by 0.36% while it is estimated to increase by 15.56% in next year. EPS is likely to shrink at an annualized rate of 26.05% for next 5-years, compared to annual growth of 34.97% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by CLSA on April 26, 2024 offering a Buy rating for the stock and assigned a target price of $47 to it. Coverage by Macquarie stated H World Group Limited ADR (HTHT) stock as an Outperform in their note to investors on April 19, 2024, suggesting a price target of $48 for the stock. On January 30, 2024, JP Morgan Initiated their recommendations, while on October 27, 2022, Daiwa Securities Upgrade their ratings for the stock with a price target of $34. Stock get an Outperform rating from Daiwa Securities on August 30, 2022.

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