Action Hotels PLC (LON:AHCG) insider Mubarak A. M. Al-Sabah purchased 66,700 shares of the business’s stock in a transaction that occurred on Monday, August 14th. The stock was bought at an average cost of GBX 40 ($0.52) per share, for a total transaction of £26,680 ($34,635.86).

Shares of Action Hotels PLC (AHCG) opened at 43.50 on Friday. The company has a 50-day moving average of GBX 39.92 and a 200 day moving average of GBX 43.75. The firm’s market capitalization is GBX 64.22 million. Action Hotels PLC has a 12-month low of GBX 34.00 and a 12-month high of GBX 58.40.

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Separately, Beaufort Securities started coverage on shares of Action Hotels PLC in a report on Wednesday, May 3rd. They issued a “speculative buy” rating on the stock.

Action Hotels PLC Company Profile

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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