Action Hotels PLC (LON:AHCG) Insider Mubarak A. M. Al-Sabah Purchases 3,500 Shares
Action Hotels PLC (LON:AHCG) insider Mubarak A. M. Al-Sabah purchased 3,500 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The shares were purchased at an average cost of GBX 40 ($0.52) per share, with a total value of £1,400 ($1,823.15).
Shares of Action Hotels PLC (LON AHCG) remained flat at GBX 39.00 during trading on Tuesday. 2,000 shares of the company were exchanged. The company’s market capitalization is GBX 57.58 million. Action Hotels PLC has a 52-week low of GBX 34.00 and a 52-week high of GBX 58.80. The firm has a 50 day moving average price of GBX 40.33 and a 200-day moving average price of GBX 44.31.
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Separately, Beaufort Securities reissued a “speculative buy” rating on shares of Action Hotels PLC in a research note on Thursday, August 3rd.
About Action Hotels PLC
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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