Dalata Hotel Group (LON:DAL) Sets New 52-Week Low at $312.00

Dalata Hotel Group plc (LON:DAL)’s share price hit a new 52-week low on Tuesday . The stock traded as low as GBX 312 ($4.16) and last traded at GBX 312 ($4.16), with a volume of 2 shares. The stock had previously closed at GBX 338 ($4.51).

Wall Street Analyst Weigh In

Separately, Berenberg Bank decreased their target price on Dalata Hotel Group from GBX 510 ($6.81) to GBX 480 ($6.41) and set a “buy” rating on the stock in a research note on Wednesday, September 4th.

Dalata Hotel Group Price Performance

The company has a quick ratio of 0.70, a current ratio of 0.82 and a debt-to-equity ratio of 69.14. The firm’s fifty day moving average price is GBX 351.91 and its 200 day moving average price is GBX 358.38. The stock has a market cap of £697.54 million, a PE ratio of 1,056.25 and a beta of 1.65.

Dalata Hotel Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, October 4th. Stockholders of record on Thursday, September 12th will be issued a €0.04 ($0.05) dividend. The ex-dividend date is Thursday, September 12th. This represents a dividend yield of 0.92%. Dalata Hotel Group’s dividend payout ratio (DPR) is presently 3,125.00%.

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.