Action Hotels (AHCG) Reaches New 12-Month Low at $29.10

Action Hotels PLC (LON:AHCG)’s share price reached a new 52-week low during trading on Monday . The company traded as low as GBX 29.10 ($0.39) and last traded at GBX 30.50 ($0.41), with a volume of 8866 shares. The stock had previously closed at GBX 30.50 ($0.41).

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

The business also recently declared a dividend, which was paid on Friday, December 1st. Stockholders of record on Thursday, October 19th were paid a GBX 0.77 ($0.01) dividend. 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 firm’s stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of GBX 34 ($0.46), for a total value of £1,700 ($2,288.02).

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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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