Technicals Say H World Group Limited (HTHT) Is A Hold

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H World Group Limited (NASDAQ:HTHT) finished Friday with a subtraction of -$0.55 to close at $42.42, a downside of -1.28 percent. An average of 775,600 shares of common stock have been traded in the last five days. There was a fall of -$0.38 in the past week, and it reached a new high 12 times over the past 12 months. The last 20 days have seen an average of 1,298,260 shares traded, while the 50-day average volume stands at 1,735,486.

HTHT stock has increased by 10.82% in the last month. The company shares reached their 1-month lowest point of $36.76 on 12/01/22. With the stock rallying to its 52-week high on 02/11/22, shares of the company touched a low of $21.84 and a high of $45.70 in 52 weeks. It has reached a new high 11 times so far this year and achieved 14.31% or $5.08 in price. In spite of this, the price is down -7.17% from the 52-week high.

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Valuation Metrics

H World Group Limited (HTHT) stock’s beta is 0.98. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 7.55, the price-to-book (PB) ratio at 10.60, and the price-to-cash flow ratio at 895.35.

The company’s most recent quarterly dividend payment was $0.40 a share, representing a up of 17.65% from $0.34 last year. Its latest increase dividend $0.06 reported on Thursday March 3 2022.

Financial Health

The quick ratio of H World Group Limited for the three months ended September 29 was 0.70, and the current ratio was 0.70, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.03 and a total debt to equity ratio of 1.63 for the quarter ending September 29. H World Group Limited’s EBITDA margin for the year ending September 29 is 5.71%, while its operating margin for the same period stands at -1.70%. Its gross profit as reported stood at $236.0 million compared to revenue of $2.01 billion.

Earnings Surprise

For the three-month period that ended September 29, H World Group Limited had $559.0 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$73.0 million in the quarter, while revenues were shrunk -360.27%. The analyst consensus anticipated H World Group Limited’s latest quarter earnings to come in at -$0.67 per share, but it turned out to be -$0.17, a 74.60% surprise. For the quarter, EBITDA amounted to $70.0 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at H World Group Limited (HTHT) price momentum. RSI 9-day as of the close on 30 December was 54.04%, suggesting the stock is Neutral, with historical volatility in this time frame at 37.40%.

As of today, HTHT’s price is $42.48 -0.89% or -$0.38 from its 5-day moving average. HTHT is currently trading +12.67% higher than its 20-day SMA and +9.56% higher than its 100-day SMA. However, the stock’s current price level is +47.70% above the SMA50 and +27.23% above the SMA200.

The stochastic %K and %D were 51.61% and 55.66%, respectively, and the average true range (ATR) was 1.68. With the 14-day stochastic at 49.86% and the average true range at 1.80, the RSI (14) stands at 56.47%. The stock has reached 0.13 on the 9-day MACD Oscillator while the 14-day reading was at -0.06.

Analyst Ratings

Daiwa Securities upgraded H World Group Limited (NASDAQ: HTHT) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as an Outperform.

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