RLJ Lodging Trust (NYSE:RLJ) currently has a daily average trading volume of 1.67M but it saw 1997371 shares traded in last market. With a market cap of 1.41B USD, the company’s current market price of $9.25 came falling about -0.86 while comparing to the previous closing price of $9.33. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.37 and as low as $8.74.
Taking a look at 20-day trading activity of RLJ Lodging Trust (RLJ) gives us an average price of $9.48, while its current price level is -25.20% below from 52-week high level whereas it is 5.83% 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 $9.77 while that of 200 days or SMA-200 reads an average of $9.61. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.09% during that period while stretching the period over a month that decreases to 2.55%. 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 40.10 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 -0.43% down while it is -4.05% when we observe its performance for the past one month. Year-to-date it is -9.40% down and over the past year, the stock is showing a downside performance of -23.91%.
The company is expected to be releasing its next quarterly report in April, for which analysts forecasted an EPS of -0.07 while estimate for next year EPS is 0.15. In next quarter, company is expected to be making quarterly sales of $373.63M as analysts are expecting the sales for current fiscal year at $1.38B and seeing the company making $1.43B in sales next year. Moreover, analysts are in estimates of $325.04M for current-quarter revenue.
Currently, RLJ Lodging Trust’s total number of outstanding shares is 153.30M with 2.72% of that held by the insiders while 99.44% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 0.95% and return on equity (ROE) at 2.94%. It has a price to earnings ratio (P/E ratio) of 34.02 while having a 53.02 of forward P/E ratio. Stock’s beta reads 1.48. Stock has a price to book (P/B) ratio of 0.74 while price to sale or P/S ratio amounts to 1.03. Its return on asset (ROA) is 1.39% on average.
