Elegant Hotels Group (LON:EHG) Stock Price Passes Below 50-Day Moving Average – Here’s Why

Elegant Hotels Group PLC (LON:EHG)’s share price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 109.75 ($1.42) and traded as low as GBX 109.75 ($1.42). Elegant Hotels Group shares last traded at GBX 109.75 ($1.42), with a volume of 1,077,200 shares traded.

Elegant Hotels Group Trading Up 32,661.2 %

The business’s 50 day simple moving average is GBX 109.75 and its 200 day simple moving average is GBX 109.75. The company has a debt-to-equity ratio of 57.11, a current ratio of 0.89 and a quick ratio of 0.72. The company has a market capitalization of £97.48 million and a price-to-earnings ratio of 7.78.

Elegant Hotels Group Company Profile

Elegant Hotels Group plc owns and operates hotels and restaurants in Barbados. It operates seven hotels under the Colony Club, Treasure Beach, Tamarind, The House, Crystal Cove, Turtle Beach, and Waves names. The company's hotels comprise a portfolio of 588 rooms. It also operates a restaurant under the Daphne's name; and Hodges Bay Resort, a beachfront resort in Antigua.