Millennium & Copthorne Hotels plc (LON:MLC) Shares Cross Above 200 Day Moving Average – Should You Sell?

Millennium & Copthorne Hotels plc (LON:MLCGet Free Report)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 687 ($8.91) and traded as high as GBX 700 ($9.08). Millennium & Copthorne Hotels plc shares last traded at GBX 687 ($8.91), with a volume of 16,158 shares traded.

Millennium & Copthorne Hotels plc Price Performance

The stock’s 50-day moving average price is GBX 687 and its 200-day moving average price is GBX 687. The stock has a market cap of £2.23 billion and a price-to-earnings ratio of 60.80. The company has a current ratio of 0.93, a quick ratio of 0.73 and a debt-to-equity ratio of 37.22.

About Millennium & Copthorne Hotels plc

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Millennium & Copthorne Hotels plc owns, operates, leases, manages, and franchises hotels worldwide. It operates the Millennium Collection, Leng's Collection, M Collection, and Copthorne Collection hotels. The company operates 139 hotels with 40,323 rooms. It also offers hotel and resort management, and consultancy services; operates as a finance company and real estate investment trust; and acts as a liquor licensing holder.

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