InterContinental Hotels Group (LON:IHG) Hits New 1-Year High – Should You Buy?

InterContinental Hotels Group PLC (LON:IHG – Get Free Report)’s share price reached a new 52-week high during trading on Thursday. The stock traded as high as GBX 182.30 and last traded at GBX 181.80, with a volume of 49,117,547 shares traded. The stock had previously closed at GBX 181.05.

InterContinental Hotels Group Trading Up 0.4%

The company has a 50 day moving average of GBX 162.55 and a 200 day moving average of GBX 153.07. The company has a current ratio of 0.66, a quick ratio of 1.34 and a debt-to-equity ratio of -152.48. The firm has a market cap of £268.80 million, a price-to-earnings ratio of 0.37, a price-to-earnings-growth ratio of 1.69 and a beta of 1.03.

About InterContinental Hotels Group

(Get Free Report)

Our presence IHG® Hotels & Resorts is a global hospitality company, with a purpose to provide True Hospitality for Good. With a family of 20 hotel brands and IHG One Rewards, one of the world’s largest hotel loyalty programmes with over 160 million members, IHG has more than one million rooms across 6,963 open hotels in over 100 countries, and a development pipeline of a further 2,300 properties. Our ambition To deliver industry-leading growth in our scale, enterprise platform and performance, doing so sustainably for all stakeholders, including our hotel owners, guests and society as a whole.

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