Dalata Hotel Group (LON:DAL) Stock Price Crosses Above 50-Day Moving Average – Time to Sell?

Dalata Hotel Group plc (LON:DAL) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 371.07 ($4.61) and traded as high as GBX 400 ($4.97). Dalata Hotel Group shares last traded at GBX 400 ($4.97), with a volume of 2 shares.

Analyst Ratings Changes

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 480 ($5.96) price objective on shares of Dalata Hotel Group in a research report on Tuesday, October 15th.

Dalata Hotel Group Trading Up 3.4 %

The business has a 50 day simple moving average of GBX 372.23 and a two-hundred day simple moving average of GBX 357.15. The company has a current ratio of 0.82, a quick ratio of 0.70 and a debt-to-equity ratio of 69.14. The company has a market cap of £867.96 million, a PE ratio of 1,206.06 and a beta of 1.65.

Dalata Hotel Group Company Profile

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.