Dalata Hotel Group (LON:DAL) Stock Price Passes Above Fifty Day Moving Average – What’s Next?

Dalata Hotel Group plc (LON:DAL) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 421.09 ($5.44) and traded as high as GBX 459 ($5.93). Dalata Hotel Group shares last traded at GBX 459 ($5.93), with a volume of 612 shares traded.

Dalata Hotel Group Stock Performance

The business has a 50-day moving average of GBX 421.09 and a two-hundred day moving average of GBX 385.37. The company has a debt-to-equity ratio of 69.13, a current ratio of 0.82 and a quick ratio of 0.70. The company has a market cap of £1.16 billion, a P/E ratio of 14.74 and a beta of 1.65.

Dalata Hotel Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, May 8th. Stockholders of record on Thursday, April 3rd will be given a €0.08 ($0.09) dividend. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a dividend yield of 1.52%. This is an increase from Dalata Hotel Group’s previous dividend of $0.04. Dalata Hotel Group’s payout ratio is presently 32.12%.

About Dalata Hotel Group

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.