RLJ Lodging Trust (NYSE: RLJ) kicked off on Friday, up 1.44% from the previous trading day, before settling in for the closing price of $9.01. Over the past 52 weeks, RLJ has traded in a range of $8.79-$12.39.
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A company in the Real Estate sector has jumped its sales by 9.64% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -58.05%. With a float of $150.58 million, this company’s outstanding shares have now reached $155.30 million.
In an organization with 79 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 18.3%, operating margin of 16.83%, and the pretax margin is 5.02%.
RLJ Lodging Trust (RLJ) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the REIT – Hotel & Motel Industry. The insider ownership of RLJ Lodging Trust is 2.87%, while institutional ownership is 94.13%. The most recent insider transaction that took place on Dec 22 ’23, was worth 298,000. In this transaction Director of this company sold 25,000 shares at a rate of $11.92, taking the stock ownership to the 30,758 shares. Before that another transaction happened on Nov 10 ’23, when Company’s Director sold 39,594 for $9.87, making the entire transaction worth $390,793. This insider now owns 43,423 shares in total.
RLJ Lodging Trust (RLJ) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -58.05% per share during the next fiscal year.
RLJ Lodging Trust (NYSE: RLJ) Trading Performance Indicators
Take a look at RLJ Lodging Trust’s (RLJ) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.05. Likewise, its price to free cash flow for the trailing twelve months is 6.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.26, a number that is poised to hit -0.00 in the next quarter and is forecasted to reach 0.18 in one year’s time.
Technical Analysis of RLJ Lodging Trust (RLJ)
Let’s dig in a bit further. During the last 5-days, its volume was 1.86 million. That was better than the volume of 1.35 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 31.20%. Additionally, its Average True Range was 0.21.
During the past 100 days, RLJ Lodging Trust’s (RLJ) raw stochastic average was set at 13.01%, which indicates a significant decrease from 42.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.32% in the past 14 days, which was lower than the 20.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.32, while its 200-day Moving Average is $10.67. However, in the short run, RLJ Lodging Trust’s stock first resistance to watch stands at $9.20. Second resistance stands at $9.25. The third major resistance level sits at $9.36. If the price goes on to break the first support level at $9.03, it is likely to go to the next support level at $8.92. The third support level lies at $8.87 if the price breaches the second support level.
RLJ Lodging Trust (NYSE: RLJ) Key Stats
The company with the Market Capitalisation of 1.42 billion has total of 155,901K Shares Outstanding. Its annual sales at the moment are 1,326 M in contrast with the sum of 76,410 K annual income. Company’s last quarter sales were recorded 369,300 K and last quarter income was 37,110 K.
