Action Hotels (AHCG) Reaches New 1-Year Low at $27.50

Shares of Action Hotels PLC (LON:AHCG) reached a new 52-week low on Monday . The stock traded as low as GBX 27.50 ($0.37) and last traded at GBX 28.50 ($0.38), with a volume of 33349 shares. The stock had previously closed at GBX 28.50 ($0.38).

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

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

In other Action Hotels news, insider Mubarak A. M. Al-Sabah sold 5,000 shares of Action Hotels stock in a transaction on Friday, November 3rd. The stock was 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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