Where Will Diamondrock Hospitality Co (DRH) Stock Go Next After It Has Gained 3.52% in a Week?

Overall market sentiment has been high on Diamondrock Hospitality Co (DRH) stock lately. DRH receives a Bullish rating from InvestorsObserver Stock 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?

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 DRH Stock Today?

Diamondrock Hospitality Co (DRH) stock is down -1.02% while the S&P 500 is up 0.31% as of 11:42 AM on Wednesday, Sep 13. DRH is lower by -$0.09 from the previous closing price of $8.31 on volume of 0 shares. Over the past year the S&P 500 has gained 8.89% while DRH is lower by -12.07%. DRH earned $0.40 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 20.55.

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.