Dalata Hotel Group (LON:DAL) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Dalata Hotel Group plc (LON:DAL) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 421.09 ($5.47) and traded as high as GBX 459 ($5.96). Dalata Hotel Group shares last traded at GBX 459 ($5.96), with a volume of 612 shares.

Dalata Hotel Group Stock Down 7.3 %

The firm’s 50 day moving average price is GBX 422.38 and its two-hundred day moving average price is GBX 386. The company has a market cap of £1.06 billion, a P/E ratio of 13.49 and a beta of 1.65. The company has a debt-to-equity ratio of 69.13, a quick ratio of 0.70 and a current ratio of 0.82.

Dalata Hotel Group Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, May 8th. Investors of record on Thursday, April 3rd will be issued a dividend of €0.08 ($0.09) per share. The ex-dividend date of this dividend is Thursday, April 3rd. This is a boost from Dalata Hotel Group’s previous dividend of $0.04. This represents a yield of 1.52%. Dalata Hotel Group’s 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.