Dalata Hotel Group (LON:DAL) Hits New 12-Month Low at $310.00

Dalata Hotel Group plc (LON:DAL)’s share price hit a new 52-week low on Monday . The company traded as low as GBX 310 ($4.15) and last traded at GBX 310 ($4.15), with a volume of 135 shares. The stock had previously closed at GBX 350 ($4.69).

Wall Street Analyst Weigh In

Separately, Berenberg Bank lowered their price target on Dalata Hotel Group from GBX 510 ($6.83) to GBX 480 ($6.43) and set a “buy” rating for the company in a report on Wednesday, September 4th.

Dalata Hotel Group Trading Down 11.4 %

The firm has a fifty day moving average of GBX 351.65 and a 200 day moving average of GBX 357.50. The firm has a market capitalization of £686.68 million, a PE ratio of 1,060.61 and a beta of 1.65. The company has a debt-to-equity ratio of 69.14, a quick ratio of 0.70 and a current ratio of 0.82.

Dalata Hotel Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, October 4th. Stockholders of record on Thursday, September 12th will be paid a dividend of €0.04 ($0.05) per share. The ex-dividend date of this dividend is Thursday, September 12th. This represents a dividend yield of 0.92%. Dalata Hotel Group’s dividend payout ratio is currently 3,030.30%.

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.