PPHE Hotel Group (LON:PPH) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

PPHE Hotel Group Limited (LON:PPH)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,319.67 ($16.98) and traded as low as GBX 1,180 ($15.18). PPHE Hotel Group shares last traded at GBX 1,185 ($15.25), with a volume of 22,251 shares trading hands.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on PPH. JPMorgan Chase & Co. dropped their price objective on PPHE Hotel Group from GBX 1,550 ($19.95) to GBX 1,500 ($19.30) and set a “neutral” rating on the stock in a research note on Monday, September 2nd. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 17 ($0.22) price target on shares of PPHE Hotel Group in a research report on Friday, August 30th.

PPHE Hotel Group Trading Down 0.8 %

The company has a quick ratio of 1.19, a current ratio of 0.98 and a debt-to-equity ratio of 229.62. The firm has a market cap of £491.74 million, a price-to-earnings ratio of 2,278.85 and a beta of 1.11. The company has a 50-day moving average price of GBX 1,220.55 and a 200 day moving average price of GBX 1,319.67.

PPHE Hotel Group Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, October 15th. Shareholders of record on Thursday, September 19th were paid a dividend of GBX 17 ($0.22) per share. This represents a yield of 1.25%. The ex-dividend date was Thursday, September 19th. This is a boost from PPHE Hotel Group’s previous dividend of $16.00. PPHE Hotel Group’s payout ratio is 7,115.38%.

About PPHE Hotel Group

PPHE Hotel Group Limited owns, co-owns, develops, leases, operates, and franchises full-service upscale, upper upscale, and lifestyle hotels in the Netherlands, Germany, Hungary, Croatia, Serbia, Italy, Austria, and the United Kingdom. It owns and operates hotels and resorts under the Park Plaza, the art'otel, Radisson Collection, and the Arena Campsites brands, as well as the Arena Hotels & Apartments.