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PPHE Hotel Group (LON:PPH) Share Price Crosses Below 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)'s share price crossed below 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 low as GBX 1,270 ($15.54). PPHE Hotel Group shares last traded at GBX 1,280 ($15.67), with a volume of 22,556 shares trading hands.

PPHE Hotel Group Stock Performance

The company has a current ratio of 0.98, a quick ratio of 1.19 and a debt-to-equity ratio of 229.62. The company has a market cap of £539.87 million, a price-to-earnings ratio of 2,480.77 and a beta of 1.11. The stock has a 50 day moving average price of GBX 1,279.49 and a two-hundred day moving average price of 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.

Further Reading

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