Chagee Holdings Ltd. ADR (NASDAQ:CHA) price is hovering higher on current market day and jumping 5.56% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $29.87. The company’s P/E ratio in the trailing 12-month period read 24.33. Taking into account the 52-week price action we note that the stock hit a 52-week high of $41.80 and 52-week low of $27.21. The stock added 2.84% on its value in the past month.
Chagee Holdings Ltd. ADR, which has a market valuation of $3.73 billion, is expected to release its quarterly earnings report in June.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 1.48. The overview shows that CHA’s price is at present -1.95% off the SMA20 and -1.64% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 50.53, with weekly volatility standing at 8.05%. The indicator jumps to 7.86% when calculated based on the past 30 days. Chagee Holdings Ltd. ADR (NASDAQ:CHA)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 2.78.
An analysis of the Chagee Holdings Ltd. ADR (NASDAQ:CHA) stock in terms of its daily trading volume indicates that the 3-month average is 2.47 million.
Current records show that the company has 118.28M in outstanding shares. The percentage share held by institutions stands at 0.00%. But the -2.81% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
