Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With DRH Stock Today?
Diamondrock Hospitality Co (DRH) stock is trading at $9.04 as of 2:23 PM on Friday, Dec 9, a drop of -$0.01, or -0.11% from the previous closing price of $9.05. Volume today is light. So far 657,046 shares have traded compared to average volume of 1,583,944 shares. The stock has traded between $8.89 and $9.10 so far today.
To see InvestorsObserver's Sentiment Score for Diamondrock Hospitality Co click here.
More About Diamondrock Hospitality Co
Diamondrock Hospitality Company is a real estate investment trust that owns lodging properties. Its primary business is to acquire, own, manage, and renovate full-service hotel properties in the United States. It operates in cities such as Chicago, Los Angeles, Boston, New York, Minneapolis, and Denver, as well as in the U.S. Virgin Islands. Within DiamondRock's holdings, the major hotel brands include Marriott, Starwood, and Hilton. DiamondRock's revenue is divided between room, food and beverage, and other. The room segment contributes the vast majority of the firm's total revenue. The firm's customers include leisure transient, business transient, and group customers.
Click Here to get the full Stock Report for Diamondrock Hospitality Co stock.
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