Temple Hotels (TSE:TPH) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

Shares of Temple Hotels Inc (TSE:TPH) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.00 and traded as high as C$2.10. Temple Hotels shares last traded at C$2.10, with a volume of 1,200 shares.

Temple Hotels Stock Performance

The business has a 50 day moving average of C$2.10. The stock has a market capitalization of C$157.63 million and a price-to-earnings ratio of -1.87. The company has a debt-to-equity ratio of 1,313.58, a current ratio of 0.16 and a quick ratio of 0.16.

Temple Hotels Company Profile

Temple is a growth oriented hotel investment company with hotel properties located across Canada. Temple is listed on the Toronto Stock Exchange under the symbols TPH (common shares) and TPH.DB.E (convertible debentures). The primary long-term investment objectives of the Company are to yield stable and growing cash flows and to maximize the long-term share value of the Company through the active management of its assets, accretive acquisitions, and the performance of value-added capital improvement programs on selected properties, as deemed appropriate.