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PPHE Hotel Group (LON:PPH) Share Price Crosses Above Two Hundred Day Moving Average - Here's Why

PPHE Hotel Group logo with Consumer Cyclical background

PPHE Hotel Group Limited (LON:PPH - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,274.79 ($16.11) and traded as high as GBX 1,327 ($16.77). PPHE Hotel Group shares last traded at GBX 1,310 ($16.55), with a volume of 23,342 shares trading hands.

PPHE Hotel Group Trading Up 1.9 %

The company's 50 day moving average price is GBX 1,329.16 and its 200 day moving average price is GBX 1,274.45. The company has a debt-to-equity ratio of 390.56, a current ratio of 0.98 and a quick ratio of 1.19. The firm has a market cap of £555.81 million, a PE ratio of 25.59 and a beta of 1.11.

PPHE Hotel Group Company Profile

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PPHE Hotel Group is an international hospitality real estate company, with a £2.2 billion portfolio, valued as at December 2023 by Savills and Zagreb nekretnine Ltd (ZANE), of primarily prime freehold and long leasehold assets in Europe. Through its subsidiaries, jointly controlled entities and associates it owns, co-owns, develops, leases, operates and franchises hospitality real estate.

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