Millennium & Copthorne Hotels plc (LON:MLC – Get Free Report)’s stock price shot up 0.6% on Thursday . The company traded as high as GBX 700 ($8.84) and last traded at GBX 687 ($8.67). 16,158 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 150,444 shares. The stock had previously closed at GBX 683 ($8.62).
Millennium & Copthorne Hotels plc Stock Performance
The business’s 50 day moving average price is GBX 687 and its two-hundred day moving average price is GBX 687. The company has a debt-to-equity ratio of 37.22, a quick ratio of 0.73 and a current ratio of 0.93. The company has a market capitalization of £2.23 billion and a price-to-earnings ratio of 60.80.
Millennium & Copthorne Hotels plc Company Profile
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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