Millennium & Copthorne Hotels plc (LON:MLC) Shares Pass Above 200-Day Moving Average – Here’s What Happened

Millennium & Copthorne Hotels plc (LON:MLCGet Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 687 ($8.92) and traded as high as GBX 700 ($9.09). Millennium & Copthorne Hotels plc shares last traded at GBX 687 ($8.92), with a volume of 16,158 shares trading hands.

Millennium & Copthorne Hotels plc Stock Performance

The stock has a 50 day moving average of GBX 687 and a two-hundred day moving average of GBX 687. The stock has a market capitalization of £2.23 billion and a PE ratio of 60.80. The company has a debt-to-equity ratio of 37.22, a current ratio of 0.93 and a quick ratio of 0.73.

About Millennium & Copthorne Hotels plc

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Millennium & Copthorne Hotels plc owns, operates, leases, manages, and franchises hotels worldwide. It operates the Millennium Collection, Leng's Collection, M Collection, and Copthorne Collection hotels. The company operates 139 hotels with 40,323 rooms. It also offers hotel and resort management, and consultancy services; operates as a finance company and real estate investment trust; and acts as a liquor licensing holder.

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