Review on REITs Stocks -- Research on DiamondRock Hospitality, RLJ Lodging Trust, Hersha Hospitality Trust, and Ashford Hospitality Trust
Editor Note: For more information about this release, please scroll to bottom.
LONDON, May 12, 2014 /PRNewswire/ --
On Friday, May 09, 2014, the NASDAQ Composite ended at 4,071.87, up 0.50%, the Dow Jones Industrial Average finished the day 0.20% higher at 16,583.34, and the S&P 500 closed at 1,878.48, up 0.15%. During the trading session, six out of ten sectors finished positive. The S&P 500 Financials Sector Index closed the day at 295.08, down 0.10%, while the index has advanced 2.88% in the last one month. Investor-Edge has initiated coverage on the following equities: DiamondRock Hospitality Company (NYSE: DRH), RLJ Lodging Trust (NYSE: RLJ), Hersha Hospitality Trust (NYSE: HT) and Ashford Hospitality Trust Inc. (NYSE: AHT). Free technical research on DRH, RLJ, HT and AHT can be downloaded upon signing up at:
http://www.investor-edge.com/2405-register
On Friday, shares in DiamondRock Hospitality Co. fluctuated between $12.29 and $12.52 before ending the session 1.36% lower at $12.33. DiamondRock Hospitality Co.'s stock reported a trading volume of 1.68 million shares, close to its three months average volume of 1.63 million shares. Shares of the company traded at a PE ratio of 85.29. DiamondRock Hospitality Co.'s shares have advanced 7.12% in the last one month, 4.94% in the previous three months and 6.75% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $12.15 and $11.33, respectively. Moreover, shares of the company have a Relative Strength Index (RSI) of 54.47. Sign up today to read free research on DRH at:
http://www.investor-edge.com/2405-DRH-12May2014.pdf
On Friday, RLJ Lodging Trust's stock edged 0.71% higher, to close the day at $27.04. The stock recorded a trading volume of 0.33 million shares, much below its three months average volume of 0.67 million shares. The stock oscillated between $26.77 and $27.08 during the session. Over the last one month and over the previous three months, RLJ Lodging Trust's shares have gained 7.51% and 8.73%, respectively. Additionally, from the beginning of 2014, the stock has gained an upside of 11.18%. The stock is trading above its 50-day and 200-day moving averages. Further, the RLJ Lodging Trust's 50-day moving average of $26.37 is above its 200-day moving average of $24.73. Additionally, the company's stock traded at a PE ratio of 29.71 and has an RSI of 61.09. Sign up today to read free research on RLJ at:
http://www.investor-edge.com/2405-RLJ-12May2014.pdf
Hersha Hospitality Trust's stock finished the Friday's session 0.68% higher at $5.93. A total of 0.73 million shares were traded, which was below its three months average volume of 2.06 million shares. The stock moved between $5.86 and $5.93 during the session. Over the last one month and the previous three months, Hersha Hospitality Trust's shares have surged 7.04% and 9.61%, respectively. Additionally, the company's stock has advanced 6.46% since start of this year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $5.79 is greater than its 200-day moving average of $5.62. Hersha Hospitality Trust's stock traded at a PE ratio of 197.67 and has an RSI of 61.35. Sign up today to read free research on HT at:
http://www.investor-edge.com/2405-HT-12May2014.pdf
On Friday, shares in Ashford Hospitality Trust Inc. recorded a trading volume of 0.95 million shares, higher than its three months average volume of 0.91 million shares. The stock ended the day at $10.46, which was 1.95% above its previous day's closing of $10.26, and registered an intraday range of $10.22 and $10.66. Ashford Hospitality Trust Inc.'s shares have gained 2.65% in the last one month and 14.95% in the previous three months. Additionally, the stock has advanced 26.33% since start of this year. The company's stock is trading above its 200-day moving average of $9.07, while the 200-day moving average is below Ashford Hospitality Trust Inc.'s 50-day moving average of $10.75. Furthermore, shares of the company have an RSI of 50.90. Sign up today to read free research on AHT at:
http://www.investor-edge.com/2405-AHT-12May2014.pdf
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EDITOR'S NOTES:
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