PPHE Hotel Group (LON:PPH) Share Price Crosses Below 200-Day Moving Average – Here’s Why

PPHE Hotel Group Limited (LON:PPH)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,452.36 ($19.47) and traded as low as GBX 1,326 ($17.77). PPHE Hotel Group shares last traded at GBX 1,327.44 ($17.79), with a volume of 842,102 shares traded.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on PPH shares. Jefferies Financial Group reduced their price objective on shares of PPHE Hotel Group from GBX 1,700 to GBX 1,600 and set a “buy” rating for the company in a research report on Monday, September 22nd. JPMorgan Chase & Co. reduced their price objective on shares of PPHE Hotel Group from GBX 1,500 to GBX 1,400 and set a “neutral” rating for the company in a research report on Thursday, September 11th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,500.

PPHE Hotel Group Stock Down 0.9%

The company has a market capitalization of £555.61 million, a PE ratio of 2,602.83 and a beta of 1.11. The company has a debt-to-equity ratio of 390.56, a quick ratio of 1.19 and a current ratio of 0.98. The stock’s 50 day moving average is GBX 1,442.83 and its 200 day moving average is GBX 1,452.36.

PPHE Hotel Group (LON:PPH) last announced its quarterly earnings results on Thursday, August 28th. The company reported GBX (7) EPS for the quarter. PPHE Hotel Group had a net margin of 5.15% and a return on equity of 7.10%. On average, sell-side analysts anticipate that PPHE Hotel Group Limited will post 85.2314475 EPS for the current fiscal year.

Insider Transactions at PPHE Hotel Group

In other news, insider Marcia Bakker bought 2,000 shares of the stock in a transaction on Tuesday, September 2nd. The shares were acquired at an average cost of GBX 1,305 per share, for a total transaction of £26,100. 44.60% of the stock is owned by corporate insiders.

PPHE Hotel Group Company Profile

PPHE Hotel Group is an international hospitality real estate company, with a £2.2 billion portfolio, valued as at December 2024 by Savills and Zagreb nekretnine Ltd (ZANE), of primarily prime freehold and long leasehold assets in Europe.

Through its subsidiaries, jointly controlled entities and associates it owns, co-owns, develops, leases, operates and franchises1 hospitality real estate.