PPHE Hotel Group (LON:PPH) Stock Crosses Below Two Hundred Day Moving Average of $1,094.10

PPHE Hotel Group Limited (LON:PPH)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,094.10 ($13.69) and traded as low as GBX 1,050 ($13.14). PPHE Hotel Group shares last traded at GBX 1,050 ($13.14), with a volume of 7,304 shares changing hands.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 2,000 ($25.03) price objective on shares of PPHE Hotel Group in a research note on Tuesday, June 13th.

PPHE Hotel Group Price Performance

The company has a 50 day moving average price of GBX 1,051.90 and a 200-day moving average price of GBX 1,094.10. The company has a quick ratio of 1.19, a current ratio of 1.31 and a debt-to-equity ratio of 217.64. The company has a market cap of £444.78 million, a price-to-earnings ratio of 1,235.29 and a beta of 0.99.

About PPHE Hotel Group

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, Radisson Collection, and the Arena Campsites brands, as well as the Arena Hotels & Apartments.