PPHE Hotel Group (LON:PPH) Stock crosses below the 200-day moving average of $1,450.29
The share price of PPHE Hotel Group Limited (LON:PPH – Get Rating) fell below its 200-day moving average during Tuesday’s session. The stock has a 200-day moving average of 1,450.29 GBX ($17.25) and is trading as low as 1,445 GBX ($17.19). Shares of PPHE Hotel Group last traded at 1,450 GBX ($17.25), with volume of 5,711 shares changing hands.
Separately, Berenberg Bank reaffirmed a “buy” rating and set a price target of 2,000 GBX ($23.79) on PPHE Hotel Group shares in a Thursday, April 28 report.
The stock has a fifty-day moving average price of 1,503.40 GBX and a 200-day moving average price of 1,450.29 GBX. The company has a debt ratio of 228.13, a quick ratio of 1.44 and a current ratio of 1.57. The company has a market capitalization of £616.98 million and a PE ratio of -11.84.
About PPHE Hotel Group (LON:PPH)
PPHE Hotel Group Limited owns, develops, leases, operates and franchises full-service upscale and lifestyle hotels in the Netherlands, Germany, Hungary, Serbia, Italy, Austria and the United Kingdom. It owns and operates hotels and resorts under the Park Plaza, art’otel and Arena Campsites brands, as well as Arena Hotels & Apartments.
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