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Dalata Hotel Group (LON:DAL) Share Price Passes Above 50 Day Moving Average - Here's What Happened

Dalata Hotel Group logo with Consumer Cyclical background

Dalata Hotel Group plc (LON:DAL - Get Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 449.23 ($6.00) and traded as high as GBX 471.96 ($6.30). Dalata Hotel Group shares last traded at GBX 452.68 ($6.05), with a volume of 12,929 shares trading hands.

Dalata Hotel Group Price 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 stock has a market capitalization of £1.20 billion, a P/E ratio of 15.16 and a beta of 1.65. The firm has a fifty day moving average price of GBX 448.15 and a two-hundred day moving average price of GBX 409.56.

Dalata Hotel Group Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, May 8th. Shareholders of record on Thursday, April 3rd were given a dividend of €0.08 ($0.09) per share. The ex-dividend date of this dividend was Thursday, April 3rd. This represents a yield of 1.52%. This is a positive change from Dalata Hotel Group's previous dividend of $0.04. Dalata Hotel Group's dividend payout ratio (DPR) is 32.12%.

About Dalata Hotel Group

(Get Free Report)

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.

Further Reading

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