Insider Buying: Action Hotels PLC (AHCG) Insider Purchases 9,715,463 Shares of Stock

Action Hotels PLC (LON:AHCG) insider Mubarak A. M. Al-Sabah bought 9,715,463 shares of the stock in a transaction dated Tuesday, March 13th. The shares were bought at an average cost of GBX 23 ($0.32) per share, with a total value of £2,234,556.49 ($3,087,256.83).

Action Hotels PLC (LON AHCG) opened at GBX 20.20 ($0.28) on Wednesday. The company has a market capitalization of $26.73 and a P/E ratio of -1,010.00. Action Hotels PLC has a fifty-two week low of GBX 16.10 ($0.22) and a fifty-two week high of GBX 49.75 ($0.69).

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About Action Hotels

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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