PPHE Hotel Group (LON:PPH) Share Price Crosses Above Two Hundred Day Moving Average of $1,453.45

PPHE Hotel Group Limited (LON:PPHGet Rating) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,453.45 ($17.38) and traded as high as GBX 1,488 ($17.79). PPHE Hotel Group shares last traded at GBX 1,470 ($17.57), with a volume of 2,398 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 2,000 ($23.91) price target on shares of PPHE Hotel Group in a research report on Thursday, April 28th.

PPHE Hotel Group Trading Down 1.3 %

The firm has a market capitalization of £625.49 million and a price-to-earnings ratio of -12.00. The business’s 50-day simple moving average is GBX 1,498.80 and its two-hundred day simple moving average is GBX 1,453.45. The company has a quick ratio of 1.44, a current ratio of 1.57 and a debt-to-equity ratio of 228.13.

PPHE Hotel Group Company Profile

(Get Rating)

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, the art'otel, and the Arena Campsites brands, as well as the Arena Hotels & Apartments.

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