Park Hotels & Resorts Inc (NYSE:PK) currently has a daily average trading volume of 3.01M but it saw 2912965 shares traded in last market. With a market cap of 3.27B USD, the company’s current market price of $15.82 came rising about 0.06 while comparing to the previous closing price of $15.81. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.05 and as low as $13.23. In the recent trading on the day, stock has struck highest price mark of $15.42 while lowest mark touched by it was $15.945.
Taking a look at 20-day trading activity of Park Hotels & Resorts Inc (PK) gives us an average price of $15.01, while its current price level is -12.35% below from 52-week high level whereas it is 19.53% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $14.51 while that of 200 days or SMA-200 reads an average of $15.34. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.43% during that period while stretching the period over a month that increases to 2.89%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 67.08 which implies that the stock is in neutral territory.
Evercore ISI upgraded its recommendation for the stock as a “Outperform” from “In-line” on May 15, 2024 while assigning a price target of $20. Citigroup issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $14 and $20.
Over the week, PK’s stock price is moving 2.99% up while it is 11.80% when we observe its performance for the past one month. Year-to-date it is 3.40% up and over the past year, the stock is showing an upside performance of 14.79%.
Currently, Park Hotels & Resorts Inc’s total number of outstanding shares is 206.40M. Company’s return on investment (ROI) stands at 3.90% and return on equity (ROE) at 8.61%. It has a price to earnings ratio (P/E ratio) of 10.03 while having a 17.40 of forward P/E ratio. Stock’s beta reads 2.04. Stock has a price to book (P/B) ratio of 0.87 while price to sale or P/S ratio amounts to 1.24. Its return on asset (ROA) is 3.60% on average.
