Insider Buying: Action Hotels PLC (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 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.
TRADEMARK VIOLATION WARNING: This piece was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this piece on another publication, it was illegally copied and republished in violation of United States and international trademark & copyright laws. The legal version of this piece can be accessed at https://www.thecerbatgem.com/2017/08/18/insider-buying-action-hotels-plc-ahcg-insider-acquires-66700-shares-of-stock.html.
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.
Receive News & Stock 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 stocks with our FREE daily email newsletter.