RLJ Lodging Trust (NYSE:RLJ) currently has a daily average trading volume of 1.80M but it saw 2573073 shares traded in last market. With a market cap of 1.36B USD, the company’s current market price of $8.88 came falling about -0.89 while comparing to the previous closing price of $8.96. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.11 and as low as $8.45. In the recent trading on the day, stock has struck highest price mark of $8.51 while lowest mark touched by it was $8.985.
Taking a look at 20-day trading activity of RLJ Lodging Trust (RLJ) gives us an average price of $9.13, while its current price level is -26.66% below from 52-week high level whereas it is 5.03% 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 $9.51 while that of 200 days or SMA-200 reads an average of $9.55. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.39% during that period while stretching the period over a month that increases to 3.40%. 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 41.87 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 4.47% up while it is -7.50% when we observe its performance for the past one month. Year-to-date it is -13.03% down and over the past year, the stock is showing a downside performance of -24.99%.
Currently, RLJ Lodging Trust’s total number of outstanding shares is 153.30M with 2.72% of that held by the insiders while 99.55% 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 32.66 while having a 46.10 of forward P/E ratio. Stock’s beta reads 1.48. Stock has a price to book (P/B) ratio of 0.71 while price to sale or P/S ratio amounts to 0.99. Its return on asset (ROA) is 1.39% on average.
