Elegant Hotels Group (LON:EHG) Stock Crosses Below 50-Day Moving Average – Here’s What Happened

Elegant Hotels Group PLC (LON:EHG)’s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 109.75 ($1.42) and traded as low as GBX 109.75 ($1.42). Elegant Hotels Group shares last traded at GBX 109.75 ($1.42), with a volume of 1,077,200 shares trading hands.

Elegant Hotels Group Stock Performance

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