Company Shares of Homeinns Hotel Group Rally 1.18%

Shares of Homeinns Hotel Group (NASDAQ:HMIN) appreciated by 1.18% during the past week but lost 5.31% on a 4-week basis. The shares have outperformed the S&P 500 by 3.46% in the past week but underperformed the index by 4.31% in the last 4 weeks.

For the current week, the company shares have a recommendation consensus of Buy. Homeinns Hotel Group is up 6.52% in the last 3-month period. Year-to-Date the stock performance stands at -2.53%. The company shares have dropped 19.79% in the past 52 Weeks. On July 29, 2014 The shares registered one year high of $36.84 and one year low was seen on March 12, 2015 at $21.56. The 50-day moving average is $30.2 and the 200 day moving average is recorded at $27.15. S&P 500 has rallied 5.09% during the last 52-weeks.

Homeinns Hotel Group (NASDAQ:HMIN) witnessed a decline in the market cap on Friday as its shares dropped 0.95% or 0.28 points. After the session commenced at $29.44, the stock reached the higher end at $29.58 while it hit a low of $28.76. With the volume soaring to 118,918 shares, the last trade was called at $29.26. The company has a 52-week high of $36.84. The company has a market cap of $1,398 million and there are 47,772,000 shares in outstanding. The 52-week low of the share price is $21.56.

Currently the company Insiders own 15.84% of Homeinns Hotel Group Company shares. In the past six months, there is a change of 0% in the total insider ownership. Institutional Investors own 57.3% of Company shares. During last 3 month period, 0% of total institutional ownership has changed in the company shares.

Homeinns Hotel Group, formerly Home Inns & Hotels Management Inc. (Home Inns), incorporated in May 2006, is an economy hotel chain in the Peoples Republic of China. As of December 31, 2009, the Home Inns hotel chain consisted of 390 leased-and-operated hotels in operation with an additional six leased-and-operated hotels under development and 226 franchised-and-managed hotels in operation with an additional 63 franchised-and-managed hotels under development, covering 120 cities in the Peoples Republic of China. The Companys subsidiaries include Home Inns & Hotels Management (Hong Kong) Limited, Hong Kong Ai Home Hotel Investment Limited, Hulchuang Hotel Management (Suzhou) Co. Ltd. and Shanghai Huiju Hotel Equipment Lease Co. Ltd. In May 2014, the Company acquired Yunshang Siji Hotel Management Co.

By Tyler Genovese www.americantradejournal.com