InterContinental Hotels Group (LON:IHG) Shares Pass Above 200-Day Moving Average – Time to Sell?

InterContinental Hotels Group PLC (LON:IHG)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 8,893.32 ($111.77) and traded as high as £109.10 ($137.11). InterContinental Hotels Group shares last traded at £106.25 ($133.53), with a volume of 297,820 shares trading hands.

InterContinental Hotels Group Trading Down 1.5 %

The firm has a market capitalization of £21.30 billion, a PE ratio of 34.87, a P/E/G ratio of 1.69 and a beta of 0.98. The firm has a fifty day moving average of £100.33 and a 200 day moving average of GBX 8,893.32. The company has a debt-to-equity ratio of -162.30, a quick ratio of 1.35 and a current ratio of 0.85.

About InterContinental Hotels Group

Our presence
IHG® Hotels & Resorts is a global hospitality company,
with 19 hotel brands, one of the industry’s largest
loyalty programmes, over 6,300 open hotels in more
than 100 countries, and a further 1,800 hotels in our
development pipeline.

Our ambition
To deliver industry-leading growth in our scale,
enterprise platform and performance, doing so
sustainably for all stakeholders, including our hotel
owners, guests and society as a whole.

Our strategy
To use our scale and expertise to create the
exceptional guest experiences and owner returns
needed to grow our brands in the industry’s most
valuable markets and segments.