Millennium & Copthorne Hotels plc (LON:MLC) Reaches New 1-Year High at $700.00

Millennium & Copthorne Hotels plc (LON:MLC)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 700 ($9.15) and last traded at GBX 700 ($9.15), with a volume of 5347 shares traded. The stock had previously closed at GBX 683 ($8.92).

The company has a debt-to-equity ratio of 37.22, a quick ratio of 0.73 and a current ratio of 0.93. The firm’s fifty day simple moving average is GBX 683.68 and its 200-day simple moving average is GBX 598.41. The stock has a market cap of $2.23 billion and a P/E ratio of 60.80.

Millennium & Copthorne Hotels plc (LON:MLC) last released its quarterly earnings results on Friday, August 2nd. The company reported GBX 6.70 ($0.09) earnings per share (EPS) for the quarter. Analysts predict that Millennium & Copthorne Hotels plc will post 3252.9997082 earnings per share for the current fiscal year.

In other news, insider Jonathon Grech sold 603 shares of the firm’s stock in a transaction that occurred on Friday, August 16th. The shares were sold at an average price of GBX 680 ($8.89), for a total transaction of £4,100.40 ($5,357.90).

Millennium & Copthorne Hotels plc Company Profile (LON:MLC)

Millennium & Copthorne Hotels plc owns, operates, leases, manages, and franchises hotels worldwide. It operates the Millennium Collection, Leng's Collection, M Collection, and Copthorne Collection hotels. The company operates 139 hotels with 40,323 rooms. It also offers hotel and resort management, and consultancy services; operates as a finance company and real estate investment trust; and acts as a liquor licensing holder.

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