Chagee Holdings Ltd. ADR (NASDAQ:CHA) shares, rose in value, with the stock price down by -3.20% to the previous day’s close as strong demand from buyers drove the stock to $29.99.
Actively observing the price movement in the recent trading, the stock is buoying the session at $30.98. The PE ratio was 23.15 over 12-month period. Referring to stock’s 52-week performance, its high was $41.80, and the low was $27.21. On the whole, CHA has fluctuated by -10.45% over the past month.
With the market capitalization of Chagee Holdings Ltd. ADR currently standing at about $3.55 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June.
The stock’s technical analysis shows that the PEG ratio is about 1.41, with the price of CHA currently trading nearly -2.96% and -4.84% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.77, while the 7-day volatility ratio is showing 2.25% which for the 30-day chart, stands at 4.07%. Furthermore, Chagee Holdings Ltd. ADR (CHA)’s average true range (ATR) is 2.30.
Data on historical trading for Chagee Holdings Ltd. ADR (NASDAQ:CHA) indicates that the trading volumes over the past 3 months, they’ve averaged 2.12 million. According to company’s latest data on outstanding shares, there are 118.28 million shares outstanding.
Chagee Holdings Ltd. ADR’s shares belong to company insiders and institutional investors own 0.00% of the company’s shares. The stock has fallen by -7.55% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CHA stock heading into the next quarter.
