Dalata Hotel Group (LON:DAL) Hits New 1-Year Low at $312.00

Dalata Hotel Group plc (LON:DAL) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 312 ($4.16) and last traded at GBX 312 ($4.16), with a volume of 2 shares trading hands. The stock had previously closed at GBX 338 ($4.51).

Analysts Set New Price Targets

Separately, Berenberg Bank reduced their price objective on shares of Dalata Hotel Group from GBX 510 ($6.81) to GBX 480 ($6.41) and set a “buy” rating for the company in a research note on Wednesday, September 4th.

Dalata Hotel Group Stock Performance

The business has a 50-day moving average of GBX 351.91 and a two-hundred day moving average of GBX 358.38. The company has a debt-to-equity ratio of 69.14, a current ratio of 0.82 and a quick ratio of 0.70. The company has a market cap of £697.54 million, a P/E ratio of 1,056.25 and a beta of 1.65.

Dalata Hotel Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, October 4th. Stockholders of record on Thursday, September 12th will be issued a €0.04 ($0.05) dividend. This represents a dividend yield of 0.92%. The ex-dividend date is Thursday, September 12th. Dalata Hotel Group’s dividend payout ratio is currently 3,125.00%.

About Dalata Hotel Group

Dalata Hotel Group plc owns, leases, and manages hotels under the Maldron Hotels and Clayton Hotels brand names in Dublin, Regional Ireland, the United Kingdom, and Continental Europe. It operates four-star hotels; and boutique hotels under The Gibson Hotel, The Samuel Hotel, Hotel 7, and The Belvedere Hotel brands.