RLJ Lodging Trust s trend and data analysis indicates that the stock price has dropped -6.06% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 9.75% . Looking at the past 52 week period, the stock price is up at 0.74% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of RLJ Lodging Trust has a positive value of 10.16 compared to overall market.RLJ Lodging Trust is having a Relative Strength Index of 50.44 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of RLJ Lodging Trust (NYSE:RLJ) rallied by 3.27% during the past week but lost 0.99% on a 4-week basis. The company has outperformed the S&P 500 by 3.02% in the past week but underperformed the index by 2.11% in the last 4 weeks.
Company shares have received an average consensus rating of Hold for the current week RLJ Lodging Trust (NYSE:RLJ) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.07 points or 0.3% at $23.08 with 1,731,125 shares getting traded. Post opening the session at $23.14, the shares hit an intraday low of $22.845 and an intraday high of $23.19 and the price was in this range throughout the day. The company has a market cap of $2,876 million and the number of outstanding shares has been calculated to be 124,621,611 shares. The 52-week high of RLJ Lodging Trust (NYSE:RLJ) is $25.1 and the 52-week low is $18.86.
Company has reported several Insider transactions to the SEC, on Dec 13, 2016, Leslie D. Hale (COO and CFO) sold 5,000 shares at 25.00 per share price.On Nov 13, 2015, Joseph J Ryan (director) purchased 2,000 shares at 25.37 per share price.
RLJ Lodging Trust Last issued its quarterly earnings results on Feb 22, 2017. The company reported $0.60 EPS for the quarter, beating the analyst consensus estimate by $ 0.07. Analyst had a consensus of $0.53. The company had revenue of $271.45 million for the quarter, compared to analysts expectations of $265.05 million. The companys revenue was down -1.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.60 EPS.
RLJ Lodging Trust is a REIT focused on investing primarily in premium-branded, focused-service, and compact full-service hotels. It plans to own hotels concentrated in urban and dense suburban markets.