Dalata Hotel Group (LON:DAL) Shares Cross Above 50 Day Moving Average – What’s Next?

Dalata Hotel Group plc (LON:DAL)’s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 449.23 ($5.96) and traded as high as GBX 471.96 ($6.26). Dalata Hotel Group shares last traded at GBX 452.68 ($6.01), with a volume of 12,929 shares.

Dalata Hotel Group Price Performance

The stock’s 50-day moving average price is GBX 449.23 and its 200 day moving average price is GBX 406.40. The firm has a market capitalization of £1.15 billion, a price-to-earnings ratio of 14.54 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 announced a dividend, which was paid on Thursday, May 8th. Stockholders of record on Thursday, April 3rd were given a €0.08 ($0.09) dividend. This represents a dividend yield of 1.52%. This is a boost from Dalata Hotel Group’s previous dividend of $0.04. The ex-dividend date was Thursday, April 3rd. Dalata Hotel Group’s dividend payout ratio is 32.12%.

About Dalata Hotel Group

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.