Elegant Hotels Group (LON:EHG) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

Elegant Hotels Group PLC (LON:EHG) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 109.75 ($1.43) and traded as high as GBX 109.75 ($1.43). Elegant Hotels Group shares last traded at GBX 109.75 ($1.43), with a volume of 1,077,200 shares.

Elegant Hotels Group Price Performance

The company’s 50-day simple moving average is GBX 109.75 and its 200-day simple moving average is GBX 109.75. The company has a market cap of £97.48 million and a price-to-earnings ratio of 7.78. The company has a debt-to-equity ratio of 57.11, a current ratio of 0.89 and a quick ratio of 0.72.

About Elegant Hotels Group

Elegant Hotels Group plc owns and operates hotels and restaurants in Barbados. It operates seven hotels under the Colony Club, Treasure Beach, Tamarind, The House, Crystal Cove, Turtle Beach, and Waves names. The company's hotels comprise a portfolio of 588 rooms. It also operates a restaurant under the Daphne's name; and Hodges Bay Resort, a beachfront resort in Antigua.