Elegant Hotels Group (LON:EHG) Stock Price Passes Below 50-Day Moving Average – Should You Sell?

Elegant Hotels Group PLC (LON:EHG)’s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 109.75 ($1.43) and traded as low as GBX 109.75 ($1.43). Elegant Hotels Group shares last traded at GBX 109.75 ($1.43), with a volume of 1,077,200 shares traded.

Elegant Hotels Group Stock Performance

The company has a debt-to-equity ratio of 57.11, a current ratio of 0.89 and a quick ratio of 0.72. The company has a market cap of £97.48 million and a price-to-earnings ratio of 7.78. The firm has a 50 day simple moving average of GBX 109.75 and a 200-day simple moving average of GBX 109.75.

About Elegant Hotels Group

Elegant Hotels Group plc owns and operates hotels and restaurants in Barbados. It operates seven hotels under the Colony Club, Treasure Beach, Tamarind, The House, Crystal Cove, Turtle Beach, and Waves names. The company's hotels comprise a portfolio of 588 rooms. It also operates a restaurant under the Daphne's name; and Hodges Bay Resort, a beachfront resort in Antigua.