Elegant Hotels Group (LON:EHG) Trading 32,661.2% Higher – Time to Buy?

Elegant Hotels Group PLC (LON:EHG)’s stock price shot up 32,661.2% on Wednesday . The company traded as high as GBX 109.75 ($1.39) and last traded at GBX 109.75 ($1.39). 1,077,200 shares were traded during trading, an increase of 238% from the average session volume of 318,952 shares. The stock had previously closed at GBX 0.34 ($0.00).

Elegant Hotels Group Price Performance

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

Elegant Hotels Group Company Profile

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.