Millennium & Copthorne Hotels plc (LON:MLC) Stock Passes Above 200 Day Moving Average – Time to Sell?

Millennium & Copthorne Hotels plc (LON:MLC) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 687 ($8.63) and traded as high as GBX 700 ($8.80). Millennium & Copthorne Hotels plc shares last traded at GBX 687 ($8.63), with a volume of 16,158 shares.

Millennium & Copthorne Hotels plc Price Performance

The stock has a fifty day moving average price of GBX 687 and a 200 day moving average price of GBX 687. The stock has a market capitalization of £2.23 billion and a P/E ratio of 60.80. The company has a debt-to-equity ratio of 37.22, a current ratio of 0.93 and a quick ratio of 0.73.

About Millennium & Copthorne Hotels plc

Millennium & Copthorne Hotels plc owns, operates, leases, manages, and franchises hotels worldwide. It operates the Millennium Collection, Leng's Collection, M Collection, and Copthorne Collection hotels. The company operates 139 hotels with 40,323 rooms. It also offers hotel and resort management, and consultancy services; operates as a finance company and real estate investment trust; and acts as a liquor licensing holder.