InterContinental Hotels Group (LON:IHG) Share Price Passes Above 200 Day Moving Average - Time to Sell?

InterContinental Hotels Group PLC (LON:IHG - Get Free Report)'s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 8,893.32 ($112.20) and traded as high as £109.10 ($137.65). InterContinental Hotels Group shares last traded at £106.25 ($134.05), with a volume of 297,820 shares trading hands.

InterContinental Hotels Group Trading Up 0.7 %

The company's 50 day simple moving average is £100.49 and its two-hundred day simple moving average is GBX 8,939.85. The stock has a market cap of £21.23 billion, a price-to-earnings ratio of 34.77, a price-to-earnings-growth ratio of 1.69 and a beta of 0.98. The company has a debt-to-equity ratio of -162.30, a quick ratio of 1.35 and a current ratio of 0.85.

About InterContinental Hotels Group

Our presence IHG® Hotels & Resorts is a global hospitality company, with 19 hotel brands, one of the industry's largest loyalty programmes, over 6,300 open hotels in more than 100 countries, and a further 1,800 hotels in our development pipeline. Our ambition To deliver industry-leading growth in our scale, enterprise platform and performance, doing so sustainably for all stakeholders, including our hotel owners, guests and society as a whole. Our strategy To use our scale and expertise to create the exceptional guest experiences and owner returns needed to grow our brands in the industry's most valuable markets and segments.