Park Hotels & Resorts Inc (NYSE:PK) currently has a daily average trading volume of 3.90M but it saw 2934166 shares traded in last market. With a market cap of 2.25B USD, the company’s current market price of $11.15 came falling about -1.06 while comparing to the previous closing price of $11.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $17.33 and as low as $10.87. In the recent trading on the day, stock has struck highest price mark of $11.05 while lowest mark touched by it was $11.235.
Taking a look at 20-day trading activity of Park Hotels & Resorts Inc (PK) gives us an average price of $11.64, while its current price level is -35.67% below from 52-week high level whereas it is 2.58% 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 $12.55 while that of 200 days or SMA-200 reads an average of $14.09. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.18% during that period while stretching the period over a month that increases to 3.44%. 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 37.13 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 -3.80% down while it is -9.64% when we observe its performance for the past one month. Year-to-date it is -20.75% down and over the past year, the stock is showing a downside performance of -34.81%.
Currently, Park Hotels & Resorts Inc’s total number of outstanding shares is 202.55M with 1.82% of that held by the insiders while 105.28% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 2.53% and return on equity (ROE) at 5.68%. It has a price to earnings ratio (P/E ratio) of 10.97 while having a 15.87 of forward P/E ratio. Stock’s beta reads 1.74. Stock has a price to book (P/B) ratio of 0.62 while price to sale or P/S ratio amounts to 0.87. Its return on asset (ROA) is 2.28% on average.
