PPHE Hotel Group (LON:PPH) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

PPHE Hotel Group Limited (LON:PPH)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,270.11 ($16.43) and traded as high as GBX 1,300 ($16.82). PPHE Hotel Group shares last traded at GBX 1,300 ($16.82), with a volume of 16,182 shares.

PPHE Hotel Group Trading Up 1.6 %

The company has a debt-to-equity ratio of 390.56, a current ratio of 0.98 and a quick ratio of 1.19. The business’s 50 day moving average price is GBX 1,310.60 and its 200-day moving average price is GBX 1,270.11. The firm has a market capitalization of £545.33 million, a price-to-earnings ratio of 25.10 and a beta of 1.11.

PPHE Hotel Group (LON:PPH) last issued its quarterly earnings results on Thursday, February 27th. The company reported GBX 67 ($0.87) earnings per share (EPS) for the quarter. PPHE Hotel Group had a net margin of 5.15% and a return on equity of 7.10%. Equities analysts forecast that PPHE Hotel Group Limited will post 85.2314475 EPS for the current fiscal year.

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.