The trading price of Chagee Holdings Ltd. ADR (NASDAQ:CHA) floating lower at last check on current market day and closing at $28.20, -4.68% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 20.86. In examining the 52-week price action we see that the stock hit a 52-week high of $41.80 and a 52-week low of $27.21. Over the past month, the stock has lost -4.52% in value.
Chagee Holdings Ltd. ADR, whose market valuation is $3.34 billion at the time of this writing, is expected to release its quarterly earnings report in July. Investors’ optimism about the company’s current quarter earnings report is understandable.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 1.23, which symbolizes a positive outlook. A quick review shows that CHA’s price is currently -7.50% off the SMA20 and -9.95% off the SMA50. The RSI metric on the 14-day chart is currently showing 42.14, and weekly volatility stands at 1.94%. When measured over the past 30 days, the indicator reaches 5.59%. Chagee Holdings Ltd. ADR (NASDAQ:CHA)’s beta value is currently sitting at 0, while the Average True Range indicator is currently displaying 2.08.
To see how Chagee Holdings Ltd. ADR stock has been performing today in comparison to its peers in the industry, here are the numbers: CHA stock’s performance was -4.68% in the latest trading. Chagee Holdings Ltd. ADR has a P/E ratio of 20.86.
An evaluation of the daily trading volume of Chagee Holdings Ltd. ADR (NASDAQ:CHA) indicates that the 3-month average is 1.89 million.
Currently, records show that 118.28 million of the company’s shares remain outstanding. The institutions hold 0.00%. However, since the stock’s price has seen -13.06% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
