The Brighton Pier Group (LON:PIER) Shares Up 83.4% – Here’s Why

The Brighton Pier Group PLC (LON:PIERGet Free Report)’s stock price rose 83.4% during mid-day trading on Thursday . The company traded as high as GBX 12.38 ($0.16) and last traded at GBX 12.38 ($0.16). Approximately 618,650 shares were traded during mid-day trading, an increase of 1,000% from the average daily volume of 56,241 shares. The stock had previously closed at GBX 6.75 ($0.09).

The Brighton Pier Group Stock Up 83.4 %

The company has a market capitalization of £4.62 million, a P/E ratio of -1.22 and a beta of 1.14. The company has a quick ratio of 0.72, a current ratio of 0.59 and a debt-to-equity ratio of 69.22. The firm has a fifty day simple moving average of GBX 21.90 and a 200-day simple moving average of GBX 28.60.

About The Brighton Pier Group

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The Brighton Pier Group PLC operates leisure and entertainment assets in the United Kingdom. It operates through Brighton Palace Pier; Golf; Bars; and Lightwater Valley segments. The company owns and trades Brighton Palace Pier that offers a range of attractions, such as arcades and funfair rides, as well as various on-site hospitality and catering facilities.

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