Insider Selling: Millennium & Copthorne Hotels plc (LON:MLC) Insider Sells £4,100.40 in Stock

Millennium & Copthorne Hotels plc (LON:MLC) insider Jonathon Grech sold 603 shares of Millennium & Copthorne Hotels plc stock in a transaction on Friday, August 16th. The stock was sold at an average price of GBX 680 ($8.89), for a total transaction of £4,100.40 ($5,357.90).

MLC opened at GBX 685 ($8.95) on Monday. Millennium & Copthorne Hotels plc has a fifty-two week low of GBX 428 ($5.59) and a fifty-two week high of GBX 685 ($8.95). The company has a debt-to-equity ratio of 37.22, a current ratio of 0.93 and a quick ratio of 0.73. The firm’s fifty day moving average price is GBX 681.60 and its two-hundred day moving average price is GBX 541.22. The company has a market capitalization of $2.23 billion and a P/E ratio of 60.62.

Millennium & Copthorne Hotels plc (LON:MLC) last posted its quarterly earnings results on Friday, August 2nd. The company reported GBX 6.70 ($0.09) earnings per share for the quarter. On average, equities research analysts expect that Millennium & Copthorne Hotels plc will post 3252.9997082 EPS for the current fiscal year.

About Millennium & Copthorne Hotels plc

Millennium & Copthorne Hotels plc owns, operates, leases, manages, and franchises hotels worldwide. It operates the Millennium Collection, Leng's Collection, M Collection, and Copthorne Collection hotels. The company operates 139 hotels with 40,323 rooms. It also offers hotel and resort management, and consultancy services; operates as a finance company and real estate investment trust; and acts as a liquor licensing holder.

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