PPHE Hotel Group Ltd (PPH) Reaches New 1-Year High at $1,130.00

PPHE Hotel Group Ltd (LON:PPH) shares hit a new 52-week high on Tuesday . The company traded as high as GBX 1,130 ($15.24) and last traded at GBX 1,075 ($14.49), with a volume of 5,250 shares trading hands. The stock had previously closed at GBX 1,035 ($13.95).

Separately, FinnCap reiterated a “corporate” rating and set a GBX 1,080 ($14.56) price target on shares of PPHE Hotel Group in a report on Monday, June 19th.

The firm’s market cap is GBX 453.68 million. The firm’s 50-day moving average price is GBX 929.91 and its 200 day moving average price is GBX 845.12.

The company also recently disclosed a dividend, which will be paid on Friday, October 13th. Investors of record on Thursday, September 14th will be given a GBX 11 ($0.15) dividend. This represents a dividend yield of 1.09%. The ex-dividend date is Thursday, September 14th.

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About PPHE Hotel Group

PPHE Hotel Group Limited is a hospitality company. The Company, through its subsidiaries, jointly controlled entities and associates, owns, leases, operates, franchises and develops upscale and lifestyle hotels in gateway cities and regional centers in Europe. The Company’s activities are divided into Owned Hotel Operations and Management Activities.

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