PPHE Hotel Group Ltd (LON:PPH) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1,112.92 and traded as low as $940.00. PPHE Hotel Group shares last traded at $948.00, with a volume of 14,182 shares traded.
Several research firms have recently weighed in on PPH. Jefferies Financial Group lowered PPHE Hotel Group to a “hold” rating and reduced their price objective for the stock from GBX 1,400 ($18.29) to GBX 1,150 ($15.03) in a research note on Thursday, June 25th. JPMorgan Chase & Co. reduced their price objective on PPHE Hotel Group from GBX 1,500 ($19.60) to GBX 1,300 ($16.99) and set an “overweight” rating for the company in a research note on Wednesday, July 29th.
The company has a market capitalization of $402.51 million and a P/E ratio of -115.61. The company has a fifty day simple moving average of GBX 1,038.70 and a two-hundred day simple moving average of GBX 1,112.92. The company has a debt-to-equity ratio of 209.08, a current ratio of 1.68 and a quick ratio of 1.61.
PPHE Hotel Group Company Profile (LON:PPH)
PPHE Hotel Group Limited owns, develops, leases, operates, and franchises full-service upscale and lifestyle hotels in Europe, the Middle East, and Africa. It owns and operates hotels and resorts under the Park Plaza, the art’otel, and the Arena Campsites brands, as well as the Arena Hotels & Apartments.
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