On a relative basis, the stock has outperformed the S&P 500 by 15.99% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.2% in the last 1 week, and is up 23.82% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Diamond Resorts International (NYSE:DRII): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $30.15 and $30.11 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.27. The buying momentum continued till the end and the stock did not give up its gains. It closed at $30.20, notching a gain of 0.20% for the day. The total traded volume was 1,667,873 . The stock had closed at $30.14 on the previous day.
The stock has recorded a 20-day Moving Average of 4.34% and the 50-Day Moving Average is 19.17%. Diamond Resorts International, Inc. is up 44.57% in the last 3-month period. Year-to-Date the stock performance stands at 18.38%.
Diamond Resorts International, Inc. (DRII) is engaged in the hospitality and vacation ownership industry. The Company operates in two segments: hospitality and management services, and Vacation Interest Sales and Financing. The Company has a network of approximately 333 vacation destinations located in 34 countries throughout the continental United States, Hawaii, Canada, Mexico, the Caribbean, Central America, South America, Europe, Asia, Australia, New Zealand and Africa. Its resort network includes approximately 93 resort properties with approximately 11,000 units that it manages and approximately 236 affiliated resorts and hotels and four cruise itineraries, which it does not manage and do not carry its brand, but are a part of its network and, through the Clubs, which are available for its members to use as vacation destinations. The Company offers Vacations for Life, which is a way to acquire a lifetime of vacations at destinations across the world.