Let’s look at the key reasons that are pushing Braemar Hotels & Resorts Inc (BHR) to new highs

Braemar Hotels & Resorts Inc (NYSE: BHR) on Tuesday, soared 12.96% from the previous trading day, before settling in for the closing price of $2.47. Within the past 52 weeks, BHR’s price has moved between $1.79 and $4.37.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Real Estate Sector giant was 23.71%. The company achieved an average annual earnings per share of -0.98%. With a float of $58.34 million, this company’s outstanding shares have now reached $66.64 million.

Braemar Hotels & Resorts Inc (BHR) Breakdown of a Key Holders of the stock

Observing investor behavior towards REIT – Hotel & Motel industry stocks is more important than anything else. The insider ownership of Braemar Hotels & Resorts Inc is 12.30%, while institutional ownership is 57.68%. The most recent insider transaction that took place on Oct 16 ’23, was worth 3,712. In this transaction Director of this company sold 1,321 shares at a rate of $2.81, taking the stock ownership to the 0 shares. Before that another transaction happened on Sep 27 ’23, when Company’s CEO and President bought 720 for $12.00, making the entire transaction worth $8,640. This insider now owns 8,150 shares in total.

Braemar Hotels & Resorts Inc (BHR) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -0.98% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.30% during the next five years compared to -42.67% drop over the previous five years of trading.

Braemar Hotels & Resorts Inc (NYSE: BHR) Trading Performance Indicators

Braemar Hotels & Resorts Inc (BHR) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.25. Likewise, its price to free cash flow for the trailing twelve months is 24.42.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.13, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.84 in one year’s time.

Technical Analysis of Braemar Hotels & Resorts Inc (BHR)

Looking closely at Braemar Hotels & Resorts Inc (NYSE: BHR), its last 5-days average volume was 0.49 million, which is a jump from its year-to-date volume of 0.32 million. As of the previous 9 days, the stock’s Stochastic %D was 68.76%. Additionally, its Average True Range was 0.17.

During the past 100 days, Braemar Hotels & Resorts Inc’s (BHR) raw stochastic average was set at 91.32%, which indicates a significant increase from 89.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 91.06% in the past 14 days, which was higher than the 63.32% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.17, while its 200-day Moving Average is $2.55. However, in the short run, Braemar Hotels & Resorts Inc’s stock first resistance to watch stands at $2.98. Second resistance stands at $3.17. The third major resistance level sits at $3.45. If the price goes on to break the first support level at $2.51, it is likely to go to the next support level at $2.22. Now, if the price goes above the second support level, the third support stands at $2.03.

Braemar Hotels & Resorts Inc (NYSE: BHR) Key Stats

Market capitalization of the company is 185.59 million based on 66,521K outstanding shares. Right now, sales total 739,340 K and income totals -27,020 K. The company made 177,530 K in profit during its latest quarter, and -19,180 K in sales during its previous quarter.