Overall market sentiment has been down on RLJ Lodging Trust (RLJ) stock lately. RLJ receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
RLJ Lodging Trust has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on RLJ!
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
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 RLJ Stock Today?
RLJ Lodging Trust (RLJ) stock is up 2.65% while the S&P 500 has fallen -1.2% as of 3:48 PM on Friday, Sep 15. RLJ has gained $0.26 from the previous closing price of $9.82 on volume of 1,592,339 shares. Over the past year the S&P 500 is up 12.80% while RLJ has fallen -18.37%. RLJ earned $0.32 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 31.55.
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More About RLJ Lodging Trust
RLJ Lodging Trust is a real estate investment trust that acquires focused-service and compact full-service hotels. Its portfolio consists of hotels in various states across the United States and the District of Columbia. Its hotels are under the Marriott, Hilton, and Hyatt brand names. These hotels are concentrated in urban areas, dense suburban markets, and business districts within metropolitan areas where utmost of their customers are business, leisure, and other travelers. Its revenue streams include hotel operations revenue, which is composed of the sale of rooms, food, and beverages, and other property revenue. The company derives the substantial majority of its revenue from the operation of hotels.
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