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

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

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

In other news, insider Mubarak A. M. Al-Sabah sold 5,000 shares of the company’s stock in a transaction on Friday, November 3rd. The stock was sold at an average price of GBX 34 ($0.46), for a total transaction of £1,700 ($2,288.02).

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Action Hotels 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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