Shares of Action Hotels PLC (LON:AHCG) reached a new 52-week low during trading on Monday . The company traded as low as GBX 22.55 ($0.30) and last traded at GBX 28 ($0.37), with a volume of 149570 shares. The stock had previously closed at GBX 28 ($0.37).
Separately, Beaufort Securities reiterated a “speculative buy” rating on shares of Action Hotels in a research report on Tuesday, September 19th.
The firm has a market cap of $47.52 and a PE ratio of -1,400.00.
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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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