Wyndham Worldwide Corp (WYN) : Traders are bullish on Wyndham Worldwide Corp (WYN) as it has outperformed the S&P 500 by a margin of 7.5% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.67%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.29% in the last 1 week, and is up 14.76% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Wyndham Worldwide Corp (NYSE:WYN): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $76.50 and $76.30 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $77.38. The buying momentum continued till the end and the stock did not give up its gains. It closed at $77.22, notching a gain of 0.91% for the day. The total traded volume was 1,143,644 . The stock had closed at $76.52 on the previous day.
The stock has recorded a 20-day Moving Average of 6.75% and the 50-Day Moving Average is 10.8%. Wyndham Worldwide Corporation is up 2.14% in the last 3-month period. Year-to-Date the stock performance stands at 7.82%.
Wyndham Worldwide Corporation is a hospitality company. The Company offers individual consumers and business customers a wide range of hospitality services and products through a portfolio of brands, including Wyndham Hotels and Resorts, Ramada, Days Inn, Super 8, Howard Johnson, Wingate by Wyndham, Microtel Inns & Suites, Tryp by Wyndham, RCI, Landal GreenParks, and others. The Company operates through three segments: Lodging, which franchises hotels in the upscale, upper midscale, midscale, economy and extended stay segments and provides hotel management services for service hotels; Vacation exchange and rentals, which provides vacation exchange services and products to owners of intervals of vacation ownership interests (VOIs) and markets vacation rental properties, and Vacation ownership, which develops, markets and sells VOIs to individual consumers, provides consumer financing in connection with the sale of VOIs, and provides property management services at resorts.