PPHE Hotel Group (LON:PPH) Share Price Crosses Above 200-Day Moving Average – Time to Sell?

PPHE Hotel Group Limited (LON:PPH) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,274.79 ($16.04) and traded as high as GBX 1,327 ($16.70). PPHE Hotel Group shares last traded at GBX 1,310 ($16.48), with a volume of 23,342 shares traded.

PPHE Hotel Group Stock Down 0.4 %

The firm has a fifty day simple moving average of GBX 1,329.35 and a 200-day simple moving average of GBX 1,274.79. The company has a market capitalization of £547.42 million, a PE ratio of 25.20 and a beta of 1.11. The company has a debt-to-equity ratio of 390.56, a quick ratio of 1.19 and a current ratio of 0.98.

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.