Chagee Holdings Ltd. ADR (NASDAQ: CHA) is -1.29% lower on its value in year-to-date trading and has touched a low of $29.00 and a high of $41.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CHA stock was last observed hovering at around $34.60 in the last trading session, with the day’s loss setting it -2.58%.
Currently trading at $32.02, the stock is -3.56% and -3.56% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.8 million and changing -7.46% at the moment leaves the stock -3.56% off its SMA200.
Current P/E ratio is 24.71. Profit margin for the company is 13.80%. Distance from 52-week low is 10.41% and -23.40% from its 52-week high. The company has generated returns on investments over the last 12 months (44.06%).
