Atour Lifestyle Holdings Ltd ADR (NASDAQ: ATAT)’s Upside Potential Is High

Atour Lifestyle Holdings Ltd ADR (NASDAQ:ATAT) shares, rose in value on Thursday, March 06, with the stock price down by -1.29% to the previous day’s close as strong demand from buyers drove the stock to $30.59.

Actively observing the price movement in the last trading, the stock closed the session at $30.99. The PE ratio was 26.25 over 12-month period. Referring to stock’s 52-week performance, its high was $33.31, and the low was $15.22. On the whole, ATAT has fluctuated by 10.83% over the past month.

With the market capitalization of Atour Lifestyle Holdings Ltd ADR currently standing at about $3.46 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 0.45, with its dividend yield at 1.47%.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 7.17B, with a low estimate of 1.91B and a high estimate of 2.12B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.03B.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ATAT’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.

The stock’s technical analysis shows that the PEG ratio is about 0.69, with the price of ATAT currently trading nearly 2.21% and 9.29% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.10, while the 7-day volatility ratio is showing 5.88% which for the 30-day chart, stands at 5.30%. Furthermore, Atour Lifestyle Holdings Ltd ADR (ATAT)’s beta value is 0.40, and its average true range (ATR) is 1.63.

A comparison of Atour Lifestyle Holdings Ltd ADR (ATAT) with its peers suggests the former has fared considerably weaker in the market. ATAT showed an intraday change of -1.29% in last session, and over the past year, it grew by 59.57%%.

Data on historical trading for Atour Lifestyle Holdings Ltd ADR (NASDAQ:ATAT) indicates that the trading volumes over the past 3 months, they’ve averaged 1.19 million. According to company’s latest data on outstanding shares, there are 113.03 million shares outstanding.

Nearly 3.99% of Atour Lifestyle Holdings Ltd ADR’s shares belong to company insiders and institutional investors own 54.80% of the company’s shares. The stock has risen by 13.76% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ATAT stock heading into the next quarter.

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