On Monday, RLJ Lodging Trust (NYSE: RLJ) opened higher 0.80% from the last session, before settling in for the closing price of $8.77. Price fluctuations for RLJ have ranged from $8.76 to $12.39 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Real Estate sector saw sales topped by 9.64%. Company’s average yearly earnings per share was noted -55.19% at the time writing. With a float of $150.45 million, this company’s outstanding shares have now reached $155.30 million.
The extent of productivity of a business whose workforce counts for 79 workers is very important to gauge. 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
A key investor’s attitude towards the stock of the REIT – Hotel & Motel industry is another important factor to consider. The insider ownership of RLJ Lodging Trust is 2.87%, while institutional ownership is 94.26%. 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 -55.19% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -3.58% during the next five years compared to -19.14% drop over the previous five years of trading.
RLJ Lodging Trust (NYSE: RLJ) Trading Performance Indicators
Check out the current performance indicators for RLJ Lodging Trust (RLJ). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.01. Likewise, its price to free cash flow for the trailing twelve months is 6.73.
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 0.16 in one year’s time.
Technical Analysis of RLJ Lodging Trust (RLJ)
The latest stats from [RLJ Lodging Trust, RLJ] show that its last 5-days average volume of 1.64 million was superior to 1.38 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 10.31%. Additionally, its Average True Range was 0.20.
During the past 100 days, RLJ Lodging Trust’s (RLJ) raw stochastic average was set at 6.09%, which indicates a significant decrease from 15.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.88% in the past 14 days, which was lower than the 24.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.23, while its 200-day Moving Average is $10.28. Now, the first resistance to watch is $8.92. This is followed by the second major resistance level at $8.99. The third major resistance level sits at $9.07. If the price goes on to break the first support level at $8.77, it is likely to go to the next support level at $8.69. The third support level lies at $8.62 if the price breaches the second support level.
RLJ Lodging Trust (NYSE: RLJ) Key Stats
There are currently 155,024K shares outstanding in the company with a market cap of 1.36 billion. Presently, the company’s annual sales total 1,326 M according to its annual income of 76,410 K. Last quarter, the company’s sales amounted to 369,300 K and its income totaled 37,110 K.
