PPHE Hotel Group (LON:PPH) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

PPHE Hotel Group Limited (LON:PPHGet Free Report)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,284.46 ($17.09) and traded as high as GBX 1,394 ($18.55). PPHE Hotel Group shares last traded at GBX 1,394 ($18.55), with a volume of 32,062 shares trading hands.

PPHE Hotel Group Price Performance

The company has a debt-to-equity ratio of 390.56, a current ratio of 0.98 and a quick ratio of 1.19. The stock has a market cap of £578.05 million, a price-to-earnings ratio of 26.61 and a beta of 1.11. The business’s 50-day simple moving average is GBX 1,278.22 and its two-hundred day simple moving average is GBX 1,284.46.

PPHE Hotel Group (LON:PPHGet Free Report) last issued its earnings results on Thursday, February 27th. The company reported GBX 67 ($0.89) earnings per share for the quarter. PPHE Hotel Group had a net margin of 5.15% and a return on equity of 7.10%. Research analysts expect that PPHE Hotel Group Limited will post 85.2314475 earnings per share for the current year.

PPHE Hotel Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, April 24th will be given a GBX 21 ($0.28) dividend. The ex-dividend date of this dividend is Thursday, April 24th. This represents a yield of 1.63%. This is a positive change from PPHE Hotel Group’s previous dividend of $17.00. PPHE Hotel Group’s dividend payout ratio (DPR) is currently 71.45%.

About PPHE Hotel Group

(Get Free Report)

PPHE Hotel Group is an international hospitality real estate company, with a £2.2 billion portfolio, valued as at December 2024 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 franchises1 hospitality real estate.

Further Reading

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