Millennium & Copthorne Hotels plc (LON:MLC) Stock Passes Above 200 Day Moving Average – Time to Sell?

Shares of Millennium & Copthorne Hotels plc (LON:MLC) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 687 ($8.61) and traded as high as GBX 700 ($8.78). Millennium & Copthorne Hotels plc shares last traded at GBX 687 ($8.61), with a volume of 16,158 shares changing hands.

Millennium & Copthorne Hotels plc Price Performance

The firm has a market capitalization of £2.23 billion and a P/E ratio of 60.80. The company has a fifty day moving average of GBX 687 and a 200 day moving average of GBX 687. The company has a debt-to-equity ratio of 37.22, a current ratio of 0.93 and a quick ratio of 0.73.

Millennium & Copthorne Hotels plc Company Profile

Millennium & Copthorne Hotels plc owns, operates, leases, manages, and franchises hotels worldwide. It operates the Millennium Collection, Leng's Collection, M Collection, and Copthorne Collection hotels. The company operates 139 hotels with 40,323 rooms. It also offers hotel and resort management, and consultancy services; operates as a finance company and real estate investment trust; and acts as a liquor licensing holder.