Easyhotel (LON:EZH) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

Easyhotel PLC (LON:EZHGet Free Report)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 76 ($0.99) and traded as low as GBX 70 ($0.91). Easyhotel shares last traded at GBX 76 ($0.99), with a volume of 69,601 shares.

Easyhotel Price Performance

The company has a current ratio of 3.21, a quick ratio of 3.07 and a debt-to-equity ratio of 15.24. The company has a market cap of £119.73 million and a P/E ratio of -29.23. The business’s fifty day moving average is GBX 76 and its 200 day moving average is GBX 76.

About Easyhotel

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easyHotel plc owns, develops, operates, and franchises hotels in the United Kingdom, rest of Europe, and internationally. It operates through two segments, Owned properties and Franchising. The company operates its hotels under the easyHotel brand. As of December 18, 2018, it operated 10 owned hotels with 1,130 rooms; and 24 franchised hotels with 2,039 rooms.

Further Reading

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