Park Hotels & Resorts Inc (NYSE:PK) currently has a daily average trading volume of 3.09M but it saw 5432000 shares traded in last market. With a market cap of 2.97B USD, the company’s current market price of $14.41 came falling about -6.97 while comparing to the previous closing price of $15.49. 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 $14.34 while lowest mark touched by it was $15.5697.
Taking a look at 20-day trading activity of Park Hotels & Resorts Inc (PK) gives us an average price of $15.36, while its current price level is -20.17% below from 52-week high level whereas it is 8.88% 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 $14.73 while that of 200 days or SMA-200 reads an average of $15.28. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.35% during that period while stretching the period over a month that decreases to 2.71%. 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 37.29 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 -7.33% down while it is 0.91% when we observe its performance for the past one month. Year-to-date it is -5.82% down and over the past year, the stock is showing a downside performance of -3.18%.
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 9.14 while having a 15.85 of forward P/E ratio. Stock’s beta reads 2.04. Stock has a price to book (P/B) ratio of 0.79 while price to sale or P/S ratio amounts to 1.13. Its return on asset (ROA) is 3.60% on average.
