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Dalata Hotel Group (LON:DAL) Share Price Passes Below 50 Day Moving Average - Here's What Happened

Dalata Hotel Group logo with Consumer Cyclical background

Dalata Hotel Group plc (LON:DAL - Get Free Report)'s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 376.38 ($4.60) and traded as low as GBX 376 ($4.59). Dalata Hotel Group shares last traded at GBX 376 ($4.59), with a volume of 1,593 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a "buy" rating and set a GBX 480 ($5.86) price objective on shares of Dalata Hotel Group in a report on Tuesday, October 15th.

Get Our Latest Report on DAL

Dalata Hotel Group Price Performance

The firm has a 50 day moving average price of GBX 376.38 and a two-hundred day moving average price of GBX 358.76. The company has a market cap of £819.98 million, a P/E ratio of 1,139.39 and a beta of 1.65. The company has a debt-to-equity ratio of 69.14, a quick ratio of 0.70 and a current ratio of 0.82.

Dalata Hotel Group Company Profile

(Get Free Report)

Dalata Hotel Group plc owns, leases, and manages hotels under the Maldron Hotels and Clayton Hotels brand names in Dublin, Regional Ireland, the United Kingdom, and Continental Europe. It operates four-star hotels; and boutique hotels under The Gibson Hotel, The Samuel Hotel, Hotel 7, and The Belvedere Hotel brands.

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