Marriott International (MAR) : The total money flow in Marriott International (MAR) was negative ($5.37 million), which signals selling by the traders on Thursdays session. They trimmed their holdings by selling the stock on downticks to the tune of $32.57 million. In comparison, the inflow of money into the stock on upticks was $27.2 million. The uptick to downtick ratio was 0.84. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $4.32 million. The value of transactions on uptick was $1.61 million. The negative money flow of ($2.71 million) confirms the selling in Marriott International (MAR) on strength. The uptick to downtick ratio of block trades was 0.37. Marriott International (MAR) gained $0.51 at $68.36, a gain of 0.75% over the previous days close. However, the stock registered 0.84% in the week.
Marriott International (MAR) stock is expected to deviate a maximum of $10.18 from the average target price of $73.08 for the short term period. 12 Street Experts have initiated coverage on the stock with the most promising target being $93 and the most muted being $56. The stock has recorded a 20-day Moving Average of 3.23% and the 50-Day Moving Average is 2.04%.
Marriott International (NASDAQ:MAR): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $67.98 and $67.40 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $68.71. The buying momentum continued till the end and the stock did not give up its gains. It closed at $68.36, notching a gain of 0.75% for the day. The total traded volume was 2,918,486 . The stock had closed at $67.85 on the previous day.
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.