PPHE Hotel Group (LON:PPH) Shares Cross Above 200-Day Moving Average – Should You Sell?
by Danessa Lincoln · The Markets DailyPPHE Hotel Group Limited (LON:PPH – Get Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,593.16 and traded as high as GBX 1,850. PPHE Hotel Group shares last traded at GBX 1,829.06, with a volume of 6,288 shares traded.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group upped their price objective on shares of PPHE Hotel Group from GBX 1,600 to GBX 1,920 and gave the company a “buy” rating in a research note on Thursday, November 13th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,660.
View Our Latest Report on PPHE Hotel Group
PPHE Hotel Group Price Performance
The stock has a 50-day simple moving average of GBX 1,801.36 and a 200 day simple moving average of GBX 1,593.18. The company has a market cap of £765.57 million, a PE ratio of 35.86 and a beta of 1.11. The company has a quick ratio of 1.19, a current ratio of 0.98 and a debt-to-equity ratio of 390.56.
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 2024 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 franchises1 hospitality real estate. Its portfolio includes full-service upscale, upper upscale and lifestyle hotels in major gateway cities and regional centres, as well as hotel, resort and campsite properties in select resort destinations.