RLJ Lodging Trust (RLJ) : During the past 4 weeks, traders have been relatively bearish on RLJ Lodging Trust (RLJ), hence the stock is down -8.47% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.13% relative to the S&P 500. The 4-week change in the price of the stock is -8.96% and the stock has fallen -3.97% in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.27% and the 50-Day Moving Average is 6.46%.The 200 Day SMA reached 1.18%
RLJ Lodging Trust (NYSE:RLJ): After opening at $21.09, the stock dipped to an intraday low of $20.58 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $21.19 and the buying power remained strong till the end. The stock closed at $21.03 for the day, a gain of 0.67% for the day session. The total traded volume was 1,362,968. The stocks close on the previous trading day was $21.03.
RLJ Lodging Trust (RLJ) : 7 investment research analysts covering RLJ Lodging Trust (RLJ) have an average price target of $22.71 for the near short term. The highest target price given by the Brokerage Firm to the stock is $29 and the lowest target is $14 for the short term. Analysts expect the variance to be within $4.61 of the average price.
RLJ Lodging Trust is a self-advised and self-administered Maryland real estate investment trust (REIT). The Company is engaged in acquiring full-service hotels. As of December 31, 2014, the Company through its wholly owned subsidiaries, owned 146 properties, which consisted of 144 hotels with approximately 22,900 rooms and two planned hotel conversions, located in 21 states and the District of Columbia, and an interest in one mortgage loan secured by a hotel. The Companys hotels are located in the New York, New York; Chicago, Illinois; Austin, Texas; Denver-Boulder, Colorado; Houston, Texas, and the Baltimore, Maryland-Washington, D.C. metropolitan areas. It operates its hotels under various brands, with nearly 97% of hotels operating under existing relationships with Marriott, Hilton or Hyatt. The Companys subsidiaries include RLJ LODGING TRUST L.P., RLJ LODGING TRUST LIMITED PARTNER LLC, RLJ LODGING ACQUISITIONS LLC and RLJ LODGING TRUST MASTER TRS INC., among others.