Stock price performance of Diamondrock Hospitality Company is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 13.98% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 8.52% . Looking at the past 52 week period, the stock price is up at 37.67% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Diamondrock Hospitality Company has a positive value of 13.93 compared to overall market. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 3.02% and the 50-Day Moving Average is 6.89%.The 200 Day SMA reached 22.56%
DiamondRock Hospitality Company is having a Relative Strength Index of 49.16 which indicates the stock is not yet over sold or over bought based on the technical indicators. Diamondrock Hospitality Company (NYSE:DRH) has tumbled 4.15% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 0.44% in the last four weeks. The stocks are negative as compared to the S&P 500 for the past week with a loss of 4.26%. Diamondrock Hospitality Company (NYSE:DRH) has underperformed the index by 0.45% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Company has reported several Insider transactions to the SEC, on Dec 13, 2016, Sean M Mahoney (EVP & Chief Financial Officer) sold 30,000 shares at 11.45 per share price.On Mar 26, 2015, William J Tennis (EVP & General Counsel) sold 100 shares at 14.95 per share price.
DiamondRock Hospitality Company Last issued its quarterly earnings results on Nov 9, 2016. The company reported $0.26 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.25. The company had revenue of $220.20 million for the quarter, compared to analysts expectations of $224.63 million. The companys revenue was down -7.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.26 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.DiamondRock Hospitality Company was Initiated by Instinet on Dec 14, 2016 to Neutral, Price Target of the shares are set at $12.
Diamondrock Hospitality Company (NYSE:DRH) : On Friday heightened volatility was witnessed in Diamondrock Hospitality Company (NYSE:DRH) which led to swings in the share price. The stock opened for trading at $11.32 and hit $11.41 on the upside , eventually ending the session at $11.33, with a gain of 1.16% or 0.13 points. The heightened volatility saw the trading volume jump to 1,978,342 shares. The 52-week high of the share price is $12 and the company has a market cap of $2,270 million. The 52-week low of the share price is at $7.75 .
DiamondRock Hospitality Company is a self-advised real estate company that owns, acquires and invests in upper upscale and upscale hotel properties located primarily in North America. To a lesser extent, it may invest, on a selective basis, in premium limited-service and extended-stay hotel properties in urban locations. The Company has a strategic acquisition sourcing relationship with Marriott International.