Dalata Hotel Group (LON:DAL) Stock Price Crosses Above 50 Day Moving Average – Should You Sell?

Dalata Hotel Group plc (LON:DAL) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 380.16 ($4.68) and traded as high as GBX 420 ($5.17). Dalata Hotel Group shares last traded at GBX 409.07 ($5.04), with a volume of 771 shares trading hands.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 480 ($5.91) price target on shares of Dalata Hotel Group in a research report on Tuesday, October 15th.

Dalata Hotel Group Trading Down 6.0 %

The firm has a market capitalization of £819.98 million, a price-to-earnings ratio of 1,139.39 and a beta of 1.65. The company has a quick ratio of 0.70, a current ratio of 0.82 and a debt-to-equity ratio of 69.14. The firm’s 50 day moving average is GBX 380.06 and its 200 day moving average is GBX 361.35.

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.