At the last check on Thursday, Atour Lifestyle Holdings Limited’s (NASDAQ:ATAT) stock was up $1.66, moving up 8.00 percent to $22.42. The average number of shares traded per day over the past five days has been 382,008 shares. 2 times new highs have been achieved over the past 5 days, with a $0.99 gain in that time frame. In the last twenty days, the average volume was 450,952, while in the previous 50 days, it was 511,927.
Since last month, ATAT stock rose 15.21%. Shares of the company fell to $18.14 on 07/24/23, the lowest level in the past month. Since the beginning of this year, ATAT’s stock price has risen by 24.42% or $4.23, and marked a new high 9 times. However, the stock has declined by -23.74% since its 52-week high.
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Financial Health
In the three months ended December 30, Atour Lifestyle Holdings Limited’s quick ratio stood at 1.50, while its current ratio was 1.60, showing that the company is able to pay off its debt. Based on annual data, ATAT earned $99.02 million in gross profit and brought in $328.1 million in revenue.
In Atour Lifestyle Holdings Limited’s quarter-end financial report for December 30, it reported total debt of $0.29 million against cash and short-term investments of $22.88 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. ATAT’s revenue rose 100.0% during the quarter, while net income inched up to $328.1 million. While analysts expected Atour Lifestyle Holdings Limited to report $0.06 quarterly earnings, the actual figure was $0.09 per share. During the quarter, the company generated $9.01 million in EBITDA. The liabilities of Atour Lifestyle Holdings Limited were 561.4 million at the end of its most recent quarter ended December 30, and its total debt was $2.28 billion.
Technical Picture
This quick technical analysis looks at Atour Lifestyle Holdings Limited’s (ATAT) price momentum. With a historical volatility rate of 36.40%, the RSI 9-day stood at 76.45% on 16 August.
With respect to its five-day moving average, the current Atour Lifestyle Holdings Limited price is up by +4.66% percent or $0.99. At present, ATAT shares trade +17.29% above its 20-day simple moving average and -4.42% percent below its 100-day simple moving average. However, the stock is currently trading approximately +41.18% above its SMA50.
Stochastic coefficient K was 79.82% and Stochastic coefficient D was 77.12%, while ATR was 0.91. Given the Stochastic reading of 91.55% for the 14-day period, the RSI (14) reading has been calculated as 70.87%. As of today, the MACD Oscillator reading stands at 0.18, while the 14-day reading stands at 0.41.
Analyst Ratings
Daiwa Securities launched its rating on Atour Lifestyle Holdings Limited (NASDAQ: ATAT) to a Buy in a note to investors on July 21, 2023. Atour Lifestyle Holdings Limited (ATAT) has been rated Buy by analysts. According to 0 brokerage firms, ATAT is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Atour Lifestyle Holdings Limited stock as buy, with 9 recommending it as overweight.
With a median target price of $210.05, the current consensus forecast for the stock is $159.06 – $250.63. Based on these forecasts, analysts predict Atour Lifestyle Holdings Limited (ATAT) will achieve an average price target of $206.24.
