Dalata Hotel Group (LON:DAL) Share Price Crosses Below 50-Day Moving Average – What’s Next?

Dalata Hotel Group plc (LON:DAL)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 376.38 ($4.60) and traded as low as GBX 376 ($4.59). Dalata Hotel Group shares last traded at GBX 376 ($4.59), with a volume of 1,593 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 480 ($5.86) price target on shares of Dalata Hotel Group in a report on Tuesday, October 15th.

Dalata Hotel Group Stock Performance

The firm’s 50 day moving average price is GBX 376.38 and its two-hundred day moving average price is GBX 358.60. The firm has a market cap of £819.98 million, a PE ratio of 1,139.39 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 Company Profile

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.