DiamondRock Hospitality Company (DRH) is priced at $8.77 after the most recent trading session. At the very opening of the session, the stock price was $9.12 and reached a high price of $9.21, prior to closing the session it reached the value of $9.04. The stock touched a low price of $8.96.Recently in News on September 27, 2021, DiamondRock Hospitality Announces Third Quarter 2021 Earnings Release and Conference Call. DiamondRock Hospitality Company (the “Company”) (NYSE: DRH) will report financial results for the third quarter 2021 on Thursday, November 4th, 2021 after the market closes. A conference call for investors and other interested parties is scheduled for the next day, Friday, November 5th, at 9:00 a.m. Eastern Time (ET). The information to be discussed on the call will be contained in the Company’s earnings release, which will be available in the Investor Relations section of the Company’s website at www.drhc.com. You can read further details here
DiamondRock Hospitality Company had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $11.48 on 03/18/21, with the lowest value was $7.88 for the same time period, recorded on 01/04/21.
DiamondRock Hospitality Company (DRH) full year performance was 69.61%
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, DiamondRock Hospitality Company shares are logging -23.60% during the 52-week period from high price, and 87.50% 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 $4.68 and $11.48.
The company’s shares, operating in the sector of Real Estate managed to top a trading volume set approximately around 1017217 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 DiamondRock Hospitality Company (DRH) recorded performance in the market was 9.58%, having the revenues showcasing -3.83% 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 1.93B, as it employees total of 29 workers.
The Analysts eye on DiamondRock Hospitality Company (DRH)
During the last month, 3 analysts gave the DiamondRock Hospitality Company a BUY rating, 2 of the polled analysts branded the stock as an OVERWEIGHT, 6 analysts were recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 2 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 9.28, with a change in the price was noted -0.66. In a similar fashion, DiamondRock Hospitality Company posted a movement of -7.01% for the period of last 100 days, recording 1,678,167 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for DRH is recording 0.65 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.65.
Technical rundown of DiamondRock Hospitality Company (DRH)
Raw Stochastic average of DiamondRock Hospitality Company in the period of last 50 days is set at 36.60%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 12.77%. In the last 20 days, the company’s Stochastic %K was 29.08% and its Stochastic %D was recorded 36.96%.
Considering, the past performance of DiamondRock Hospitality Company, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 9.58%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -10.50%, alongside a boost of 69.61% for the period of the last 12 months. The shares increased approximately by -5.24% in the 7-day charts and went down by -0.55% in the period of the last 30 days. Common stock shares were lifted by -3.83% during last recorded quarter.