PPHE Hotel Group (LON:PPH) Stock Price Crosses Below 200 Day Moving Average – Here’s What Happened

Shares of PPHE Hotel Group Limited (LON:PPH) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,286.29 ($15.65) and traded as low as GBX 1,270 ($15.45). PPHE Hotel Group shares last traded at GBX 1,280 ($15.57), with a volume of 22,556 shares.

PPHE Hotel Group Trading Up 1.2 %

The business’s 50-day simple moving average is GBX 1,282.54 and its two-hundred day simple moving average is GBX 1,286.35. The company has a current ratio of 0.98, a quick ratio of 1.19 and a debt-to-equity ratio of 229.62. The company has a market capitalization of £546.14 million, a PE ratio of 2,509.62 and a beta of 1.11.

PPHE Hotel Group Company Profile

PPHE Hotel Group is an international hospitality real estate company, with a £2.2 billion portfolio, valued as at December 2023 by Savills and Zagreb nekretnine Ltd (ZANE), of primarily prime freehold and long leasehold assets in Europe.

Through its subsidiaries, jointly controlled entities and associates it owns, co-owns, develops, leases, operates and franchises hospitality real estate.