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

Key Points

• Dalata Hotel Group shares surpassed their fifty-day moving average, indicating potential upward momentum in stock performance.
• The company's current market capitalization stands at £1.17 billion with a high price-to-earnings ratio of 1,390.98.
• Dalata operates hotels under the Maldron and Clayton brand names across multiple regions including Dublin, the UK, and Continental Europe.

Dalata Hotel Group plc (LON:DAL - ) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 555.25 ($7.47) and traded as high as GBX 560.85 ($7.54). Dalata Hotel Group shares last traded at GBX 560.85 ($7.54), with a volume of 27 shares trading hands.

Dalata Hotel Group Stock Performance

The company has a debt-to-equity ratio of 69.13, a quick ratio of 0.70 and a current ratio of 0.82. The firm's 50 day moving average is GBX 555.25 and its 200-day moving average is GBX 509.47. The stock has a market capitalization of £1.17 billion, a price-to-earnings ratio of 1,390.98 and a beta of 1.65.

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.

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