Should You Buy Diamondrock Hospitality Co (DRH) Stock on Tuesday?

Diamondrock Hospitality Co (DRH) stock has fallen 2.41% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Diamondrock Hospitality Co has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on DRH!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. 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 $7.70 as of 1:34 PM on Tuesday, Oct 31, a gain of $0.03, or 0.33% from the previous closing price of $7.67. The stock has traded between $7.60 and $7.77 so far today. Volume today is light. So far 556,234 shares have traded compared to average volume of 2,203,122 shares.

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.