Atour Lifestyle Holdings Ltd ADR (NASDAQ:ATAT) shares, rose in value, with the stock price up by 1.36% to the previous day’s close as strong demand from buyers drove the stock to $18.66.
Actively observing the price movement in the last trading, the stock closed the session at $18.41. The PE ratio was 25.09 over 12-month period. Referring to stock’s 52-week performance, its high was $23.00, and the low was $14.80. On the whole, ATAT has fluctuated by -1.79% over the past month.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 824.3M, with a low estimate of 175.82M and a high estimate of 192.1M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 184.75M.
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 Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.70, with the price of ATAT currently trading nearly 3.50% and -0.14% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 55.96, while the 7-day volatility ratio is showing 2.41% which for the 30-day chart, stands at 3.22%. Furthermore, Atour Lifestyle Holdings Ltd ADR (ATAT)’s beta value is 0.57, and its average true range (ATR) is 0.58.
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 1.36% in last session, and over the past year, it shrunk by -13.49%%.
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 650.22K. According to company’s latest data on outstanding shares, there are 106.56 million shares outstanding.
Nearly 3.12% of Atour Lifestyle Holdings Ltd ADR’s shares belong to company insiders and institutional investors own 20.51% of the company’s shares. The stock has risen by 7.49% 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.
