PPHE Hotel Group (LON:PPH) Shares Pass Below Two Hundred Day Moving Average of $1,174.22

PPHE Hotel Group Limited (LON:PPH – Get Rating)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,174.22 ($14.60) and traded as low as GBX 1,095 ($13.62). PPHE Hotel Group shares last traded at GBX 1,100 ($13.68), with a volume of 5,603 shares trading hands.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 2,000 ($24.88) target price on shares of PPHE Hotel Group in a research report on Thursday, April 27th.

PPHE Hotel Group Stock Performance

The company has a debt-to-equity ratio of 224.90, a current ratio of 1.50 and a quick ratio of 1.19. The company’s fifty day simple moving average is GBX 1,129 and its two-hundred day simple moving average is GBX 1,174.22. The stock has a market cap of £470.73 million, a price-to-earnings ratio of 4,630.21 and a beta of 0.98.

PPHE Hotel Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, May 31st. Shareholders of record on Thursday, April 27th will be issued a dividend of GBX 12 ($0.15) per share. This is an increase from PPHE Hotel Group’s previous dividend of $3.00. The ex-dividend date is Thursday, April 27th. This represents a yield of 1.03%. PPHE Hotel Group’s dividend payout ratio is presently 6,250.00%.

Insiders Place Their Bets

In other PPHE Hotel Group news, insider Daniel Kos acquired 2,692 shares of the stock in a transaction on Thursday, March 2nd. The shares were purchased at an average price of GBX 1,156 ($14.38) per share, for a total transaction of £31,119.52 ($38,705.87). Corporate insiders own 53.90% of the company’s stock.

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.