PPHE Hotel Group (LON:PPH) Stock Passes Below 200-Day Moving Average – Time to Sell?

PPHE Hotel Group Limited (LON:PPH) shares 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.

PPHE Hotel Group Stock Up 0.4 %

The company has a debt-to-equity ratio of 229.62, a quick ratio of 1.19 and a current ratio of 0.98. The stock’s 50 day moving average price is GBX 1,279.49 and its 200-day moving average price is GBX 1,286.29. The company has a market cap of £537.77 million, a PE ratio of 2,471.15 and a beta of 1.11.

About PPHE Hotel Group

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.