InvestorsObserver
×
News Home

What is the Market's View on Hyatt Hotels Corporation (H) Stock's Price and Volume Trends Friday?

Friday, November 24, 2023 11:48 AM | InvestorsObserver Analysts

Mentioned in this article

What is the Market's View on Hyatt Hotels Corporation (H) Stock's Price and Volume Trends Friday?

Overall market sentiment has been high on Hyatt Hotels Corporation (H) stock lately. H receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Hyatt Hotels Corporation has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on H!

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With H Stock Today?

Hyatt Hotels Corporation (H) stock is trading at $116.89 as of 11:47 AM on Friday, Nov 24, a decline of -$0.30, or -0.26% from the previous closing price of $117.19. The stock has traded between $116.75 and $117.58 so far today. Volume today is low. So far 62,371 shares have traded compared to average volume of 877,385 shares.

More About Hyatt Hotels Corporation

Hyatt is an operator of 1,162 owned (5% of total rooms) and managed and franchise (95%) properties across roughly 20 upscale luxury brands, which includes vacation brands (Apple Leisure Group, Hyatt Ziva and Hyatt Zilara), the recently launched full-service lifestyle brand Hyatt Centric, the soft lifestyle brand Unbound, and the wellness brand Miraval. Hyatt acquired Two Roads in November 2018 and Apple Leisure Group in 2021. The regional breakdown as a percentage of total rooms is 66% Americas, 18% Asia-Pacific, and 16% rest of world. Click Here to get the full Stock Report for Hyatt Hotels Corporation stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App