Dalata Hotel Group (LON:DAL) Shares Cross Above 50-Day Moving Average - Here's Why

Dalata Hotel Group plc (LON:DAL - Get Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 444.46 ($5.91) and traded as high as GBX 456 ($6.06). Dalata Hotel Group shares last traded at GBX 456 ($6.06), with a volume of 20 shares trading hands.

Dalata Hotel Group Stock Performance

The firm has a fifty day simple moving average of GBX 445.66 and a 200-day simple moving average of GBX 402.68. The company has a market cap of £1.16 billion, a PE ratio of 14.65 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 69.13.

Dalata Hotel Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, May 8th. Investors of record on Thursday, April 3rd will be paid a dividend of €0.08 ($0.10) per share. The ex-dividend date is Thursday, April 3rd. This represents a yield of 1.52%. This is a boost from Dalata Hotel Group's previous dividend of $0.04. Dalata Hotel Group's dividend payout ratio is currently 32.12%.

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.