Insider Buying: Action Hotels PLC (LON:AHCG) Insider Acquires 66,700 Shares of Stock
Action Hotels PLC (LON:AHCG) insider Mubarak A. M. Al-Sabah purchased 66,700 shares of the firm’s stock in a transaction on Monday, August 14th. The shares were purchased at an average cost of GBX 40 ($0.52) per share, with a total value of £26,680 ($34,635.86).
Shares of Action Hotels PLC (AHCG) opened at 41.00 on Tuesday. Action Hotels PLC has a 52-week low of GBX 34.00 and a 52-week high of GBX 58.40. The firm’s 50 day moving average is GBX 39.88 and its 200 day moving average is GBX 43.90. The stock’s market capitalization is GBX 60.53 million.
Separately, Beaufort Securities started coverage on shares of Action Hotels PLC in a research report on Wednesday, May 3rd. They set a “speculative buy” rating for the company.
About Action Hotels PLC
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.
Receive News & Ratings for Action Hotels PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Action Hotels PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.