Wyndham Worldwide Corp (WYN) Shares Slide -8.03%

Wyndham Worldwide Corp (WYN) : During the past 4 weeks, traders have been relatively bearish on Wyndham Worldwide Corp (WYN), hence the stock is down -4.18% 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 -7.97% relative to the S&P 500. The 4-week change in the price of the stock is -0.96% and the stock has fallen -8.03% in the past 1 week.

The stock has recorded a 20-day Moving Average of 3.93% and the 50-Day Moving Average is 0.94%. Wyndham Worldwide Corporation is up 0.85% in the last 3-month period. Year-to-Date the stock performance stands at -0.84%.


Wyndham Worldwide Corp (NYSE:WYN): On Fridays trading session , Opening price of the stock was $71.2 with an intraday high of $71.78. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $70.235. However, the stock managed to close at $71.02, a loss of 0.59% for the day. On the previous day, the stock had closed at $71.44. The total traded volume of the day was 1,963,195 shares.

Also, Deutsche Bank maintains its rating on Wyndham Worldwide Corp (NYSE:WYN). The global brokerage major lowers the current price target from $64 per share to $62 per share. Analysts at the Deutsche Bank have a current rating of Hold on the shares. The rating by the firm was issued on July 28, 2016.

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.

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