Stocks of Playa Hotels & Resorts N.V (NASDAQ:PLYA) traded higher last session on Wall Street, up 0.15% to $13.43.
PLYA stock price is now 0.71% away from the 50-day moving average and 29.61% away from the 200-day moving average. The market capitalization of the company currently stands at $1.72B.
On February 11, 2025, Deutsche Bank Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock reducing its target price from $15 to quote $13.50, while ‘Truist’ rates the stock as ‘Hold’
In other news, DAVIDSON KEMPNER CAPITAL MANAG, 10% Owner sold 100,000 shares of the company’s stock on Nov 08 ’24. The stock was sold for $974,000 at an average price of $9.74. Upon completion of the transaction, the 10% Owner now directly owns 12,142,519 shares in the company, valued at $163.07 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 14 ’24, Director Peterson Karl Mr. sold 60,000 shares of the business’s stock. A total of $498,600 was realized by selling the stock at an average price of $8.31. This leaves the insider owning 2,469,033 shares of the company worth $33.16 million. A total of 28.66% of the company’s stock is owned by insiders.
During the past 12 months, Playa Hotels & Resorts N.V has had a low of $6.95 and a high of $13.44. According to the stock market information, the enterprise value for the company is $2536528384, which is based on a 24.72 price-to-earnings ratio, a 1.62 price-to-earnings-growth ratio, and a beta of 0.66. The fifty day moving average price for PLYA is $13.3311 and a two-hundred day moving average price translates $10.33555 for the stock.
The latest earnings results from Playa Hotels & Resorts N.V (NASDAQ: PLYA) was released for 2024-12-31. The net profit margin was 7.86% and return on equity was 14.24% for PLYA. The company reported revenue of $218.94 million for the quarter, compared to $242.52 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -9.72 percent.
