RLJ Lodging Trust (NYSE:RLJ) currently has a daily average trading volume of 1.71M but it saw 1903492 shares traded in last market. With a market cap of 1.62B USD, the company’s current market price of $10.54 came falling about -0.57 while comparing to the previous closing price of $10.60. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.39 and as low as $8.74. In the recent trading on the day, stock has struck highest price mark of $10.42 while lowest mark touched by it was $10.75.
Taking a look at 20-day trading activity of RLJ Lodging Trust (RLJ) gives us an average price of $9.96, while its current price level is -14.93% below from 52-week high level whereas it is 20.53% 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 $9.47 while that of 200 days or SMA-200 reads an average of $10.08. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.05% during that period while stretching the period over a month that decreases to 2.95%. 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 70.90 which implies that the stock is in overbought territory.
Wells Fargo downgraded its recommendation for the stock as a “Underweight” from “Equal Weight” on September 13, 2024 while assigning a price target range of $11-$9. Compass Point also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $18 and $10.
Over the week, RLJ’s stock price is moving 3.94% up while it is 18.56% when we observe its performance for the past one month. Year-to-date it is -10.07% down and over the past year, the stock is showing a downside performance of -0.56%.
Currently, RLJ Lodging Trust’s total number of outstanding shares is 153.63M. Company’s return on investment (ROI) stands at 0.96% and return on equity (ROE) at 3.03%. It has a price to earnings ratio (P/E ratio) of 36.42 while having a 55.70 of forward P/E ratio. Stock’s beta reads 1.72. Stock has a price to book (P/B) ratio of 0.84 while price to sale or P/S ratio amounts to 1.19. Its return on asset (ROA) is 1.44% on average.
