Are Analysts Too Bullish On TH International Ltd. (THCH)

TH International Ltd. (NASDAQ:THCH) currently has a daily average trading volume of 155.28K but it saw 14396708 shares traded in last market. With a market cap of 201.64M USD, the company’s current market price of $1.28 came rising about 23.08 while comparing to the previous closing price of $1.04. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.14 and as low as $0.84.

Taking a look at 20-day trading activity of TH International Ltd. (THCH) gives us an average price of $1.1102, while its current price level is -75.10% below from 52-week high level whereas it is 52.38% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.2242 while that of 200 days or SMA-200 reads an average of $1.8176. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.04% during that period while stretching the period over a month that decreases to 9.28%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 62.66 which implies that the stock is in neutral territory.

Over the week, THCH’s stock price is moving 18.52% up while it is 8.47% when we observe its performance for the past one month. Year-to-date it is -26.86% down and over the past year, the stock is showing a downside performance of -74.40%.

Currently, TH International Ltd.’s total number of outstanding shares is 158.25M. Company’s return on investment (ROI) stands at -123.58% and return on equity (ROE) at -505.22%. Stock’s beta reads 0.38. Stock has a price to sale or P/S ratio amounts to 0.91. Its return on asset (ROA) is -8.33% on average.