Action Hotels PLC (LON:AHCG) shares reached a new 52-week low on Monday . The stock traded as low as GBX 26 ($0.35) and last traded at GBX 26 ($0.35), with a volume of 27498 shares. The stock had previously closed at GBX 26 ($0.35).

Separately, Beaufort Securities reaffirmed a “speculative buy” rating on shares of Action Hotels in a research note on Tuesday, September 19th.

The business also recently declared a dividend, which was paid on Friday, December 1st. Shareholders of record on Thursday, October 19th were paid a GBX 0.77 ($0.01) dividend. This represents a yield of 2.11%. The ex-dividend date was Thursday, October 19th.

In other Action Hotels news, insider Mubarak A. M. Al-Sabah sold 5,000 shares of Action Hotels stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of GBX 34 ($0.46), for a total value of £1,700 ($2,288.02).

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About Action Hotels

Action Hotels plc is a hotel owner, developer and asset manager of branded three and four star hotels in the Middle East and Australia. The principal activities of the Company and its subsidiaries are owning, developing and operating hotels in the Middle East. The Company operates through four segments: Middle East hotel operations, Australia hotel operations, Hotels under construction and Undeveloped land sites.

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