Millennium & Copthorne Hotels plc (LON:MLC) Shares Cross Above 200-Day Moving Average – Should You Sell?

Millennium & Copthorne Hotels plc (LON:MLCGet Free Report)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 687 ($8.84) and traded as high as GBX 700 ($9.01). Millennium & Copthorne Hotels plc shares last traded at GBX 687 ($8.84), with a volume of 16,158 shares traded.

Millennium & Copthorne Hotels plc Stock Performance

The company has a market cap of £2.23 billion and a PE ratio of 60.80. The company has a debt-to-equity ratio of 37.22, a quick ratio of 0.73 and a current ratio of 0.93. The firm’s 50 day moving average is GBX 687 and its 200-day moving average is GBX 687.

About Millennium & Copthorne Hotels plc

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Millennium & Copthorne Hotels plc owns, operates, leases, manages, and franchises hotels worldwide. It operates the Millennium Collection, Leng's Collection, M Collection, and Copthorne Collection hotels. The company operates 139 hotels with 40,323 rooms. It also offers hotel and resort management, and consultancy services; operates as a finance company and real estate investment trust; and acts as a liquor licensing holder.

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