China Lodging Group Limited (HTHT) : The total money flow in China Lodging Group Limited (HTHT) was negative ($2.72 million), showing the domination of sellers in the Thursday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $4.38 million. Transactions on upticks were comparatively lower at $1.65 million. The uptick to downtick ratio was 0.38. The total block trades on downticks were valued at $2.75 million. The money flow during block trades was negative ($2.75 million) when the stock traded with a gain of $4 cent. China Lodging Group Limited (HTHT) was $38.85, an increase of 0.1% over the previous days close.
The stock has recorded a 20-day Moving Average of 8.06% and the 50-Day Moving Average is 10.85%. Shares have rallied 64.25% from its 1 Year high price. On May 12, 2016, the shares registered one year high at $39.19 and the one year low was seen on Jul 27, 2015. The 50-Day Moving Average price is $34.83 and the 200 Day Moving Average price is recorded at $32.59.
China Lodging Group Limited (NASDAQ:HTHT): The stock opened at $38.97 on Thursday but the bulls could not build on the opening and the stock topped out at $39.46 for the day. The stock traded down to $38.56 during the day, due to lack of any buying support eventually closed down at $38.77 with a loss of -0.10% for the day. The stock had closed at $38.81 on the previous day. The total traded volume was 315,040 shares.
China Lodging Group, Limited is engaged in the business of operating and managing a multi-brand hotel group. The Company operates leased, manachised and franchised hotel models. Under the lease model, the Company directly operates hotels located on leased properties. Under the manachise model, the Company manages manachised hotels through the on-site hotel managers the Company appoints and collects fees from franchisees. Under the franchise model, the Company provides training, reservation and support services to the franchised hotels and collects fees from franchisees. The Company offers around seven hotel brands that focus on various segments of customers: Joya Hotel, Manxin Hotels & Resorts, JI Hotel, Starway Hotel, Elan Hotel, HanTing Hotel and Hi Inn. The Company has around 611 leased hotels, 1,376 manachised hotels and eight franchised hotels in operation and around 29 leased hotels and 644 manachised hotels under development.