Daniel J. Hirsch Purchases 30,000 Shares of Playa Hotels & Resorts N.V. (PLYA) Stock
Playa Hotels & Resorts N.V. (NASDAQ:PLYA) Director Daniel J. Hirsch acquired 30,000 shares of Playa Hotels & Resorts N.V. stock in a transaction that occurred on Friday, November 10th. The shares were purchased at an average cost of $10.52 per share, for a total transaction of $315,600.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Shares of Playa Hotels & Resorts N.V. (NASDAQ:PLYA) traded down $0.14 during mid-day trading on Monday, reaching $10.41. 440,200 shares of the company’s stock traded hands, compared to its average volume of 305,548. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.51 and a current ratio of 1.59. Playa Hotels & Resorts N.V. has a 52-week low of $9.81 and a 52-week high of $12.27.
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Several brokerages have commented on PLYA. Northland Securities restated a “buy” rating and set a $14.75 target price on shares of Playa Hotels & Resorts N.V. in a report on Friday. Janney Montgomery Scott began coverage on shares of Playa Hotels & Resorts N.V. in a report on Thursday, September 7th. They set a “buy” rating and a $14.00 target price on the stock. Finally, Zacks Investment Research downgraded shares of Playa Hotels & Resorts N.V. from a “hold” rating to a “sell” rating in a report on Tuesday, September 26th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $13.54.
About Playa Hotels & Resorts N.V.
Playa Hotels & Resorts NV is based in the Netherlands and operates hotels and resorts. The Company owns, operates and develops all-inclusive resorts in beachfront locations in vacation destinations in Mexico and the Caribbean. It owns a portfolio consisting of more than 10 resorts located in Mexico, the Dominican Republic and Jamaica.
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