Easyhotel (LON:EZH) Share Price Crosses Above 50 Day Moving Average – Here’s Why

Easyhotel PLC (LON:EZHGet Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 76 ($0.99) and traded as high as GBX 76 ($0.99). Easyhotel shares last traded at GBX 76 ($0.99), with a volume of 69,601 shares.

Easyhotel Stock Performance

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

Easyhotel Company Profile

(Get Free Report)

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.

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