Trending Stock News

China Lodging Group, Limited (HTHT) Reaches $159.83 After 8.00% Up Move; Optical Cable (OCC) Sellers Increased By 93.55% Their Shorts

Optical Cable Corporation (NASDAQ:OCC) Logo

The stock of China Lodging Group, Limited (NASDAQ:HTHT) is a huge mover today! The stock increased 3.48% or $5.37 during the last trading session, reaching $159.83. About 972,475 shares traded or 100.83% up from the average. China Lodging Group, Limited (NASDAQ:HTHT) has risen 98.12% since May 15, 2017 and is uptrending. It has outperformed by 86.57% the S&P500.The move comes after 6 months positive chart setup for the $11.65B company. It was reported on May, 15 by Barchart.com. We have $172.62 PT which if reached, will make NASDAQ:HTHT worth $931.60M more.

Optical Cable Corporation (NASDAQ:OCC) had an increase of 93.55% in short interest. OCC’s SI was 6,000 shares in May as released by FINRA. Its up 93.55% from 3,100 shares previously. With 6,200 avg volume, 1 days are for Optical Cable Corporation (NASDAQ:OCC)’s short sellers to cover OCC’s short positions. The SI to Optical Cable Corporation’s float is 0.12%. It closed at $3.15 lastly. It is down 14.76% since May 15, 2017 and is downtrending. It has underperformed by 26.31% the S&P500.

Among 8 analysts covering China Lodging (NASDAQ:HTHT), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. China Lodging had 17 analyst reports since August 18, 2015 according to SRatingsIntel. On Friday, February 3 the stock rating was initiated by Credit Suisse with “Outperform”. The company was upgraded on Thursday, October 8 by Goldman Sachs. The firm has “Hold” rating by Deutsche Bank given on Wednesday, November 11. The firm has “Hold” rating given on Thursday, August 20 by Zacks. The company was maintained on Thursday, November 12 by Macquarie Research. The stock of China Lodging Group, Limited (NASDAQ:HTHT) earned “Buy” rating by Brean Capital on Wednesday, August 17. On Wednesday, August 19 the stock rating was upgraded by Credit Suisse to “Neutral”. On Wednesday, August 17 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. TH Capital upgraded the shares of HTHT in report on Monday, November 9 to “Buy” rating. Deutsche Bank upgraded China Lodging Group, Limited (NASDAQ:HTHT) on Friday, December 30 to “Buy” rating.

More notable recent China Lodging Group, Limited (NASDAQ:HTHT) news were published by: Seekingalpha.com which released: “China Lodging Group’s (HTHT) CEO Min Zhang on Q1 2018 Results – Earnings Call Transcript” on May 15, 2018, also Globenewswire.com with their article: “China Lodging Group, Limited Announces ADS Ratio Change” published on April 20, 2018, Globenewswire.com published: “China Lodging Group, Limited Reports First Quarter of 2018 Financial Results” on May 14, 2018. More interesting news about China Lodging Group, Limited (NASDAQ:HTHT) were released by: Nasdaq.com and their article: “Believe in China Lodging Group Ltd as the Travel Industry Expands” published on April 18, 2018 as well as Nasdaq.com‘s news article titled: “China Lodging Group, Limited Schedules First Quarter 2018 Earnings Release on May 14, 2018 US Eastern Time” with publication date: April 25, 2018.

China Lodging Group, Limited, together with its subsidiaries, develops leased and owned, manachised, and franchised hotels primarily in the PeopleÂ’s Republic of China. The company has market cap of $11.65 billion. It operates hotels under the Joya Hotel, Manxin Hotels & Resorts, JI Hotel, Starway Hotel, Elan Hotel, HanTing Hotel, Hi Inn, Grand Mercure Hotel, Novotel Hotel, Mercure Hotel, Ibis Styles Hotel, and Ibis Hotel brand names for business and leisure traveler customers. It has a 59.39 P/E ratio. As of December 31, 2015, the firm had 624 leased and owned hotels, 2,471 manachised hotels, and 174 franchised hotels in operation; and 15 leased and owned hotels, and 427 manachised and franchised hotels under development.

Optical Cable Corporation, together with its subsidiaries, makes and sells fiber optic and copper data communications cabling and connectivity solutions for the enterprise market in the United States and internationally. The company has market cap of $24.11 million. The firm provides fiber optic cables for high bandwidth transmission of data, video, and voice communications; and copper datacom cables, including unshielded and shielded twisted pair. It currently has negative earnings. It also offers fiber optic connectivity products, including fiber optic wall mounts, cabinet mount and rack mount enclosures, pre-terminated fiber optic enclosures, fiber optic connectors, splice trays, fiber optic jumpers, plug and play cassette modules, pre-terminated fiber optic cable assemblies, adapters, and accessories.

Optical Cable Corporation (NASDAQ:OCC) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *