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PPHE Hotel Group (LON:PPH) Shares Pass Above Two Hundred Day Moving Average - Here's What Happened

PPHE Hotel Group logo with Consumer Cyclical background

PPHE Hotel Group Limited (LON:PPH - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,286.29 ($15.74) and traded as high as GBX 1,300 ($15.91). PPHE Hotel Group shares last traded at GBX 1,280 ($15.67), with a volume of 22,556 shares.

PPHE Hotel Group Stock Up 0.8 %

The company has a market cap of £539.87 million, a P/E ratio of 2,480.77 and a beta of 1.11. The company has a debt-to-equity ratio of 229.62, a current ratio of 0.98 and a quick ratio of 1.19. The business's 50 day moving average price is GBX 1,279.49 and its 200-day moving average price is GBX 1,286.29.

About PPHE Hotel Group

(Get Free Report)

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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