RLJ Lodging Trust (NYSE:RLJ) currently has a daily average trading volume of 1.70M but it saw 1844795 shares traded in last market. With a market cap of 1.55B USD, the company’s current market price of $10.05 came rising about 2.87 while comparing to the previous closing price of $9.77. 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 $9.97 while lowest mark touched by it was $10.11.
Taking a look at 20-day trading activity of RLJ Lodging Trust (RLJ) gives us an average price of $10.08, while its current price level is -18.89% below from 52-week high level whereas it is 14.92% 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 $9.99 while that of 200 days or SMA-200 reads an average of $9.86. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.25% during that period while stretching the period over a month that increases to 2.54%. 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 51.05 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 3.61% up while it is -4.19% when we observe its performance for the past one month. Year-to-date it is -1.57% down and over the past year, the stock is showing a downside performance of -12.99%.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of -0.07 while estimate for next year EPS is 0.21. In next quarter, company is expected to be making quarterly sales of $330.53M as analysts are expecting the sales for current fiscal year at $1.36B and seeing the company making $1.4B in sales next year. Moreover, analysts are in estimates of $323.92M for current-quarter revenue.
Currently, RLJ Lodging Trust’s total number of outstanding shares is 153.63M with 2.79% of that held by the insiders while 93.29% of its common stock has been owned by the institutions. 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 34.73 while having a 53.11 of forward P/E ratio. Stock’s beta reads 1.70. Stock has a price to book (P/B) ratio of 0.80 while price to sale or P/S ratio amounts to 1.14. Its return on asset (ROA) is 1.44% on average.
