Marriott International (MAR) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $25.33 million worth of transactions were on upticks, whereas, the downticks accounted for $20.21 million worth of transactions. The net money flow was a positive $5.13 million and the uptick to downtick ratio was 1.25. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 2.43 in their favor. The net money flow into the stock was $4.41 million. The value of block trades done on downticks was only $3.08 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $7.49 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Marriott International (MAR) was trading at $67.02, down $0.03 during day. The stock slid -0.04% over the previous days close. For the week, the stock recorded -2.07% over the previous weeks close.
Marriott International, Inc. has lost 3.93% in the last five trading days and dropped 7.4% in the last 4 weeks. Marriott International, Inc. is up 4.27% in the last 3-month period. Year-to-Date the stock performance stands at 1.77%.
Marriott International (MAR) : Zacks Investment Research ranks Marriott International (MAR) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. A total of 8 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 15 research analysts is 2.3, which indicates as a Buy.
Marriott International (NASDAQ:MAR): The stock opened at $67.04 and touched an intraday high of $67.44 on Wednesday. During the day, the stock corrected to an intraday low of $66.7, however, the bulls stepped in and pushed the price higher to close in the green at $67.38 with a gain of 0.49% for the day. The total traded volume for the day was 4,599,161. The stock had closed at $67.05 in the previous trading session.
Marriott International, Inc. is a diversified global lodging company. The Company is an operator, franchisor and licensor of hotels and timeshare properties across the world. It also operates markets and develops residential properties and provides services to home/condominium owner associations. It has three segments: North American Full-Service, North American Limited-Service and International. The Companys brands include The Ritz-Carlton, BVLGARI Hotels & Resorts, EDITION, JW Marriott, Autograph Collection Hotels, Renaissance Hotels, Marriott Hotels, Marriott Executive Apartments, Marriott Vacation Club, Gaylord Hotels, AC Hotels by Marriott, Courtyard by Marriott, Residence Inn by Marriott, SpringHill Suites by Marriott, Fairfield Inn & Suites, TownePlace Suites by Marriott, Protea Hotels and Moxy Hotels. It operates, franchises, or licenses approximately 4,175 properties across the world, with around 714,765 rooms inclusive of around 41 home and condominium products.