Volatility Is Your Friend: Atour Lifestyle Holdings Ltd ADR (ATAT) Is Hot Again

Atour Lifestyle Holdings Ltd ADR (NASDAQ:ATAT) does about 700.60K shares in volume on a normal day but saw 708135 shares change hands in Friday trading. The company now has a market cap of 2.18B USD. Its current market price is $19.25, marking an increase of 2.67% compared to the previous close of $18.75. The 52 week high reached by this stock is $23.00 whilst the lowest price level in 52 weeks is $14.80.

Atour Lifestyle Holdings Ltd ADR (ATAT) has a 20-day trading average at $17.99 and the current price is -16.30% off the 52-week high compared with 30.07% distance from its 52-week low. The 50-day simple moving average of the closing price is $18.64 and its 200-day simple moving average is $18.59. If we look at the stock’s price movements over the week, volatility stands at 3.38%, which decreases to 2.90% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 61.06 to suggest the stock is neutral.

The consensus objective for the share price is $28.33, suggesting that the stock has a potential upside of 32.05% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 22, 2024 when Macquarie initiated the stock to “Outperform” and issued a price target of $26. Daiwa Securities initiated its price target at $24.

Atour Lifestyle Holdings Ltd ADR (ATAT) stock is up 3.16% over the week and 5.71% over the past month. Its price is 10.89% year-to-date and -5.54% over the past year.

To reach the target analysts have set, the stock logically needs to grow 32.05 percent from here.

The company has a return on investment of 20.00% and return on equity of 44.41%. The price to earnings ratio (P/E ratio) amounts to 25.89 while the forward price to earnings ratio is 15.71. The beta has a value of 0.61. Price to book ratio is 7.46 and price to sales ratio is 3.32.