PPHE Hotel Group (LON:PPH) Shares Pass Below 200 Day Moving Average – Time to Sell?

PPHE Hotel Group Limited (LON:PPH) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,285.66 ($15.88) and traded as low as GBX 1,245 ($15.38). PPHE Hotel Group shares last traded at GBX 1,260.10 ($15.56), with a volume of 26,504 shares.

PPHE Hotel Group Price Performance

The firm has a market capitalization of £527.35 million, a price-to-earnings ratio of 2,423.27 and a beta of 1.11. The business’s fifty day simple moving average is GBX 1,288.75 and its 200 day simple moving average is GBX 1,285.66. The company has a debt-to-equity ratio of 229.62, a current ratio of 0.98 and a quick ratio of 1.19.

About PPHE Hotel Group

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.