Choice Hotels International (CHH) : Net money flow in Choice Hotels International (CHH) was negative ($3.2 million) and the inflow of money on uptick was $1.29 million, whereas, the outflow of money on downticks amounted to $4.5 million on Thursday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.29. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $2.97 million. The money flow in block trades was negative ($2.97). Choice Hotels International (CHH) gained $0.15 cent during the day and reached $48, a gain of 0.3% over the previous day.
Choice Hotels International (CHH) : The highest level Choice Hotels International (CHH) is projected to reach is $54 for the short term and the lowest estimate is at $40. The consolidated price target from 7 rating analysts who initiate coverage on the stock is $47.43 and the possibility the share price can swing is $4.76. The stock has recorded a 20-day Moving Average of 3.33% and the 50-Day Moving Average is 2.08%.
Choice Hotels International (NYSE:CHH): The stock opened at $47.99 on Thursday but the bulls could not build on the opening and the stock topped out at $48.45 for the day. The stock traded down to $47.65 during the day, due to lack of any buying support eventually closed down at $47.84 with a loss of -0.02% for the day. The stock had closed at $47.85 on the previous day. The total traded volume was 252,580 shares.
Choice Hotels International, Inc. (Choice) is a hotel franchisor. Choice franchises lodging properties under various brand names: Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, Cambria hotels & suites, and Ascend Hotel Collection (collectively, the Choice brands). It operates in two segments: hotel franchising business and SkyTouch Technology (SkyTouch). SkyTouch is a division of the Company that develops and markets cloud-based technology products, including inventory management, pricing and connectivity to third party channels, to hoteliers not under franchise agreements with the Company. The SkyTouch platform also includes a mobile-native interface that offers mobile functionality to the elements of property management and housekeeping.