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Dalata Hotel Group (LON:DAL) Stock Crosses Above 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 passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 380.16 ($4.69) and traded as high as GBX 420 ($5.18). Dalata Hotel Group shares last traded at GBX 409.07 ($5.04), with a volume of 771 shares trading hands.

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 480 ($5.92) price target on shares of Dalata Hotel Group in a report on Tuesday, October 15th.

Read Our Latest Stock Analysis on Dalata Hotel Group

Dalata Hotel Group Trading Up 1.5 %

The firm has a market cap of £885.40 million, a price-to-earnings ratio of 1,230.30 and a beta of 1.65. The firm's 50-day moving average is GBX 380.16 and its 200-day moving average is GBX 361.07. The company has a current ratio of 0.82, a quick ratio of 0.70 and a debt-to-equity ratio of 69.14.

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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