Elegant Hotels Group (LON:EHG) Stock Price Passes Above 50-Day Moving Average – Time to Sell?

Shares of Elegant Hotels Group PLC (LON:EHG) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 109.75 ($1.38) and traded as high as GBX 109.75 ($1.38). Elegant Hotels Group shares last traded at GBX 109.75 ($1.38), with a volume of 1,077,200 shares traded.

Elegant Hotels Group Trading Up 32,661.2 %

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

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.