RLJ Lodging Trust (NYSE:RLJ) currently has a daily average trading volume of 1.66M but it saw 1330487 shares traded in last market. With a market cap of 1.54B USD, the company’s current market price of $9.97 came falling about -2.35 while comparing to the previous closing price of $10.21. 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 $9.915 while lowest mark touched by it was $10.195.
Taking a look at 20-day trading activity of RLJ Lodging Trust (RLJ) gives us an average price of $10.35, while its current price level is -19.53% below from 52-week high level whereas it is 14.01% 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 $9.87 while that of 200 days or SMA-200 reads an average of $9.94. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.35% during that period while stretching the period over a month that increases to 2.57%. 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 44.45 which implies that the stock is in neutral 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 -3.02% down while it is -1.77% when we observe its performance for the past one month. Year-to-date it is -2.35% down and over the past year, the stock is showing a downside performance of -15.08%.
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 34.45 while having a 52.69 of forward P/E ratio. Stock’s beta reads 1.70. 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 1.44% on average.
