Millennium & Copthorne Hotels plc (LON:MLC) Stock Price Crosses Above 200-Day Moving Average – Should You Sell?

Millennium & Copthorne Hotels plc (LON:MLC)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-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.

Millennium & Copthorne Hotels plc Price Performance

The company has a quick ratio of 0.73, a current ratio of 0.93 and a debt-to-equity ratio of 37.22. The firm has a market capitalization of £2.23 billion and a PE ratio of 60.80. The firm’s fifty day simple moving average is GBX 687 and its 200-day simple moving average is GBX 687.

About Millennium & Copthorne Hotels plc

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.