PPHE Hotel Group (LON:PPH) Stock Price Crosses Below 200-Day Moving Average - Here's What Happened

Key Points

• PPHE Hotel Group's stock price fell below its 200-day moving average of GBX 1,444.10, trading as low as GBX 1,280, and currently sits at GBX 1,312.
• JPMorgan Chase & Co. has lowered its price target for the stock from GBX 1,500 to GBX 1,400 while maintaining a "neutral" rating.
• Insider Marcia Bakker purchased 2,000 shares of the company at an average cost of GBX 1,305, indicating confidence from within the company.

PPHE Hotel Group Limited (LON:PPH - Get Free Report)'s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,444.10 ($19.46) and traded as low as GBX 1,280 ($17.25). PPHE Hotel Group shares last traded at GBX 1,312 ($17.68), with a volume of 54,061 shares changing hands.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. decreased their target price on PPHE Hotel Group from GBX 1,500 to GBX 1,400 and set a "neutral" rating for the company in a research report on Thursday, September 11th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, PPHE Hotel Group currently has a consensus rating of "Hold" and a consensus price target of GBX 1,400.

PPHE Hotel Group Stock Up 0.3%

The stock has a market capitalization of £550.69 million, a price-to-earnings ratio of 2,580.39 and a beta of 1.11. The company has a quick ratio of 1.19, a current ratio of 0.98 and a debt-to-equity ratio of 390.56. The firm has a 50-day moving average of GBX 1,548.76 and a two-hundred day moving average of GBX 1,444.14.

PPHE Hotel Group (LON:PPH - Get Free Report) last issued its earnings results on Thursday, August 28th. The company reported GBX (7) EPS for the quarter. PPHE Hotel Group had a net margin of 5.15% and a return on equity of 7.10%. As a group, sell-side analysts anticipate that PPHE Hotel Group Limited will post 85.2314475 earnings per share for the current year.

Insider Activity

In related news, insider Marcia Bakker purchased 2,000 shares of the firm's stock in a transaction dated Tuesday, September 2nd. The stock was bought at an average price of GBX 1,305 per share, for a total transaction of £26,100. Company insiders own 44.60% of the company's stock.

About PPHE Hotel Group

PPHE Hotel Group is an international hospitality real estate company, with a £2.2 billion portfolio, valued as at December 2024 by Savills and Zagreb nekretnine Ltd (ZANE), of primarily prime freehold and long leasehold assets in Europe. Through its subsidiaries, jointly controlled entities and associates it owns, co-owns, develops, leases, operates and franchises1 hospitality real estate.