Why is Marriott International Inc. (MAR) down -19.75% from the day 1 this year?

For the readers interested in the stock health of Marriott International Inc. (MAR). It is currently valued at $103.58. When the transactions were called off in the previous session, Stock hit the highs of $107.90, after setting-off with the price of $104.99. Company’s stock value dipped to $102.21 during the trading on the day. When the trading was stopped its value was $103.09.

Recently in News on August 31, 2020, Marriott International, Inc. to Delist from NYSE Chicago Stock Exchange. Marriott International, Inc. (Nasdaq: MAR) today announced plans to withdraw its common stock from listing on NYSE Chicago, formerly known as the Chicago Stock Exchange. Marriott has decided to withdraw the listing to reduce administrative costs and requirements. Marriott anticipates that the withdrawal will be effective on September 20, 2020, and that NYSE Chicago will suspend trading in its common stock before the market opens on September 21, 2020. Marriott’s common stock will continue to be listed on the Nasdaq Global Select Market. You can read further details here

Marriott International Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $152.60 on 01/02/20, with the lowest value was $46.56 for the same time period, recorded on 03/18/20.

Marriott International Inc. (MAR) full year performance was -19.75%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Marriott International Inc. shares are logging -32.47% during the 52-week period from high price, and 122.47% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $46.56 and $153.39.

The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 939130 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Marriott International Inc. (MAR) recorded performance in the market was -31.92%, having the revenues showcasing -4.51% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 32.03B, as it employees total of 174000 workers.

Specialists analysis on Marriott International Inc. (MAR)

During the last month, 6 analysts gave the Marriott International Inc. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 17 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 90.94, with a change in the price was noted +24.69. In a similar fashion, Marriott International Inc. posted a movement of +30.58% for the period of last 100 days, recording 4,326,079 in trading volumes.

Trends and Technical analysis: Marriott International Inc. (MAR)

Raw Stochastic average of Marriott International Inc. in the period of last 50 days is set at 91.03%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 84.33%. In the last 20 days, the company’s Stochastic %K was 82.88% and its Stochastic %D was recorded 83.65%.

Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -31.92%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -6.84%, alongside a downfall of -19.75% for the period of the last 12 months. The shares increased approximately by 1.28% in the 7-day charts and went down by 18.13% in the period of the last 30 days. Common stock shares were lifted by -4.51% during last recorded quarter.