Dalata Hotel Group (LON:DAL) Stock Passes Above 50-Day Moving Average – Time to Sell?

Dalata Hotel Group plc (LON:DAL)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 371.07 ($4.59) and traded as high as GBX 400 ($4.95). Dalata Hotel Group shares last traded at GBX 400 ($4.95), with a volume of 2 shares.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 480 ($5.94) target price on shares of Dalata Hotel Group in a research report on Tuesday, October 15th.

Dalata Hotel Group Trading Up 3.9 %

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 firm has a market cap of £872.32 million, a price-to-earnings ratio of 1,212.12 and a beta of 1.65. The firm’s fifty day moving average is GBX 371.07 and its 200-day moving average is GBX 356.73.

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.