Should You Buy RLJ Lodging Trust (RLJ) Stock After it Is Up 1.25% in a Week?

The market has been high on RLJ Lodging Trust (RLJ) stock recently. RLJ gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

RLJ Lodging Trust has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on RLJ!

See Full RLJ Report

What is Stock Sentiment?

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. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With RLJ Stock Today?

RLJ Lodging Trust (RLJ) stock is up 0.53% while the S&P 500 has fallen -0.04% as of 12:53 PM on Monday, Nov 27. RLJ has gained $0.05 from the previous closing price of $10.47 on volume of 641,547 shares. Over the past year the S&P 500 has gained 14.97% while RLJ has fallen -10.00%. RLJ earned $0.32 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 32.88.

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. Click Here to get the full Stock Report for RLJ Lodging Trust stock.