Dalata Hotel Group (LON:DAL) Stock Price Up 1.7%

Dalata Hotel Group plc (LON:DAL) shot up 1.7% during mid-day trading on Wednesday . The stock traded as high as GBX 364 ($4.64) and last traded at GBX 364 ($4.64). 515 shares were traded during trading, a decline of 96% from the average session volume of 12,250 shares. The stock had previously closed at GBX 358 ($4.56).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 510 ($6.49) price target on shares of Dalata Hotel Group in a research report on Thursday, February 29th.

Dalata Hotel Group Trading Up 2.6 %

The company’s 50-day moving average is GBX 364.14 and its 200-day moving average is GBX 379.74. The firm has a market cap of £803.46 million, a price-to-earnings ratio of 1,026.47 and a beta of 1.60. The company has a debt-to-equity ratio of 68.42, a quick ratio of 0.70 and a current ratio of 0.69.

About Dalata Hotel Group

Dalata Hotel Group plc owns, leases, and manages hotels under the Maldron Hotels and Clayton Hotels brand names in Dublin, Regional Ireland, the United Kingdom, and Continental Europe. It operates four-star hotels; and boutique hotels under The Gibson Hotel, The Samuel Hotel, Hotel 7, and The Belvedere Hotel brands.