Dalata Hotel Group (LON:DAL) Sets New 12-Month High – Time to Buy?

Shares of Dalata Hotel Group plc (LON:DAL) reached a new 52-week high on Tuesday . The company traded as high as GBX 484.88 ($6.26) and last traded at GBX 440.70 ($5.69), with a volume of 411 shares traded. The stock had previously closed at GBX 459 ($5.93).

Dalata Hotel Group Stock Performance

The company has a quick ratio of 0.70, a current ratio of 0.82 and a debt-to-equity ratio of 69.13. The business has a fifty day simple moving average of GBX 421.09 and a 200-day simple moving average of GBX 385.37. The firm has a market cap of £1.12 billion, a P/E ratio of 14.16 and a beta of 1.65.

Dalata Hotel Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, May 8th. Stockholders of record on Thursday, April 3rd will be given a dividend of €0.08 ($0.09) per share. This is an increase from Dalata Hotel Group’s previous dividend of $0.04. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a dividend yield of 1.52%. Dalata Hotel Group’s payout ratio is presently 32.12%.

Dalata Hotel Group Company Profile

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.