Shares of TH International Limited (NASDAQ:THCH – Get Free Report) shot up 0.6% during mid-day trading on Monday . The stock traded as high as $3.27 and last traded at $3.20. 6,324 shares traded hands during trading, a decline of 84% from the average session volume of 39,965 shares. The stock had previously closed at $3.18.
TH International Trading Up 0.3 %
The firm has a market capitalization of $106.52 million, a price-to-earnings ratio of -1.26 and a beta of 0.52. The company has a 50-day moving average of $3.16 and a 200-day moving average of $12.99.
Institutional Investors Weigh In On TH International
An institutional investor recently bought a new position in TH International stock. Jane Street Group LLC bought a new position in TH International Limited (NASDAQ:THCH – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 50,122 shares of the company’s stock, valued at approximately $41,000. Hedge funds and other institutional investors own 91.85% of the company’s stock.
TH International Company Profile
TH International Limited operates Tim Hortons coffee shops in mainland China, Hong Kong, and Macau. The company offers brewed tea, coffee, milk tea, lemonade, hot chocolate, and coffee drinks. It is also involved in franchise related business. The company is based in Shanghai, the People's Republic of China.
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