Action Hotels PLC’s (AHCG) Speculative Buy Rating Reaffirmed at Beaufort Securities

Beaufort Securities reiterated their speculative buy rating on shares of Action Hotels PLC (LON:AHCG) in a research note issued to investors on Tuesday.

Action Hotels PLC (LON:AHCG) opened at 34.25 on Tuesday. Action Hotels PLC has a 52 week low of GBX 33.00 and a 52 week high of GBX 56.61. The firm’s market cap is GBX 50.57 million. The company has a 50-day moving average of GBX 39.79 and a 200 day moving average of GBX 41.91.

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In related news, insider Mubarak A. M. Al-Sabah bought 66,700 shares of Action Hotels PLC stock in a transaction dated Monday, August 14th. The stock was acquired at an average cost of GBX 40 ($0.54) per share, with a total value of £26,680 ($35,971.42). Also, insider Mubarak A. M. Al-Sabah bought 3,500 shares of Action Hotels PLC stock in a transaction dated Monday, August 7th. The shares were bought at an average cost of GBX 40 ($0.54) per share, with a total value of £1,400 ($1,887.56).

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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