Dalata Hotel Group (LON:DAL) Shares Cross Below 50 Day Moving Average of $395.59

Dalata Hotel Group plc (LON:DALGet Free Report) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 395.59 ($5.00) and traded as low as GBX 352 ($4.45). Dalata Hotel Group shares last traded at GBX 372 ($4.70), with a volume of 1,000 shares changing hands.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 510 ($6.45) target price on shares of Dalata Hotel Group in a research note on Thursday, February 29th.

Check Out Our Latest Report on DAL

Dalata Hotel Group Stock Down 0.8 %

The firm has a market cap of £831.27 million, a P/E ratio of 1,094.12 and a beta of 1.60. The company has a debt-to-equity ratio of 68.42, a current ratio of 0.69 and a quick ratio of 0.70. The stock’s 50 day simple moving average is GBX 395.59 and its two-hundred day simple moving average is GBX 378.24.

Dalata Hotel Group Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, May 1st. Investors of record on Thursday, April 4th will be given a dividend of €0.08 ($0.09) per share. The ex-dividend date is Thursday, April 4th. This represents a dividend yield of 1.69%. This is an increase from Dalata Hotel Group’s previous dividend of $0.04. Dalata Hotel Group’s dividend payout ratio (DPR) is 2,941.18%.

About Dalata Hotel Group

(Get Free Report)

Dalata Hotel Group plc owns, leases, and manages hotels under the Maldron Hotels and Clayton Hotels brand names in Dublin, Regional Ireland, the United Kingdom, and Continental Europe. It operates four-star hotels; and boutique hotels under The Gibson Hotel, The Samuel Hotel, Hotel 7, and The Belvedere Hotel brands.

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