In the past 52-week period, shares of RLJ Lodging Trust (NYSE:RLJ) have moved within the range of $19.12 to $25.10. On the stock’s most recent trading day, the company’s shares ended the regular session at $21.45, which is 14.54% lower than its 52-week high.
RLJ Lodging Trust (RLJ) has demonstrated a 20-day simple moving average (SMA) of 1.08%, and a 50-day SMA of -0.89%. This public company’s current market capitalization stands at $3.69 billion.Analyzing Consensus Estimates, Sales Revenue and Net Income
When considering entering a position, it is crucial to understand the average enthusiasm level expressed by Wall Street analysts for that particular stock. According to the latest data, the consensus recommendation for RLJ Lodging Trust (RLJ) is Hold.
Publicly-traded organizations typically post revenue and earnings results that fall either above or below the average Wall Street estimate. In the most recent quarterly financial report, for the quarter ending Sep. 2017, RLJ Lodging Trust (RLJ) delivered a 1.55% surprise with its net revenue. Sales reached $0.34 billion during the three-month period, compared to the average analyst estimate of $0.35 billion.Ownership at RLJ Lodging Trust (RLJ), According to Most Recent SEC Filings
We can find critical insight by examining institutional ownership, which are reported in public companies’ most recent 13F filings. RLJ Lodging Trust (RLJ) has 0 billion shares outstanding currently, 95.50% of which belong to institutional investors. Those institutional holdings amount to $3.58 billion.
Additionally, according to the most recent 13F filing from RLJ Lodging Trust (RLJ), there were 31 new positions totaling 8,836,869 shares of the company’s stock. There were 59 sold out positions, on the other hand, totaling 13,722,439 shares.Short, Medium and Long Term Indicators
A stock’s average trade volume, as recorder over the short, medium and long terms, is helpful to analyze in order to gain a better understanding of trading activity and investor sentiment. RLJ Lodging Trust (RLJ) has had a 20-day average volume of 1,317,395 shares, with an average of 20% of short term indicators pointed at Buy.
The stock’s 50-day average volume has been 1,292,518 shares, with an average of 25% of medium term indicators pointing toward Buy. Finally, its 100-day average volume is 1,799,886 shares with 67% of long-term indicators pointing to Buy.