PPHE Hotel Group (LON:PPH) Stock Price Passes Above Two Hundred Day Moving Average of $1,060.88

Shares of PPHE Hotel Group Limited (LON:PPH) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,060.88 ($13.03) and traded as high as GBX 1,150 ($14.12). PPHE Hotel Group shares last traded at GBX 1,125 ($13.82), with a volume of 14,841 shares.

PPHE Hotel Group Trading Up 0.4 %

The business’s fifty day simple moving average is GBX 1,049.18 and its two-hundred day simple moving average is GBX 1,061.50. The stock has a market capitalization of £489.26 million, a P/E ratio of 1,352.94 and a beta of 0.98. The company has a current ratio of 1.31, a quick ratio of 1.19 and a debt-to-equity ratio of 217.64.

PPHE Hotel Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, October 27th. Stockholders of record on Thursday, October 5th were given a dividend of GBX 16 ($0.20) per share. The ex-dividend date of this dividend was Thursday, October 5th. This is a boost from PPHE Hotel Group’s previous dividend of $12.00. This represents a dividend yield of 1.52%. PPHE Hotel Group’s payout ratio is currently 3,294.12%.

About PPHE Hotel Group

PPHE Hotel Group Limited owns, develops, leases, operates, and franchises full-service upscale and lifestyle hotels in the Netherlands, Germany, Hungary, 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.