Shares of FelCor Lodging Trust Incorporated (FCH) Sees Large Outflow of Money

FelCor Lodging Trust Incorporated (FCH) : Wednesdays money flow analysis of FelCor Lodging Trust Incorporated (FCH) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $4.51 million. In comparison, the inflow of money on upticks was a meager $0.64 million. The dollar value of composite uptick trades minus the downtick trades was negative $3.88 million. The uptick to downtick ratio of 0.14 in the money flow shows weakness. The uptick block trades were valued at $0.33 million. The downtick transaction value was high at $4.12 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.08. Hence, the net money flow in the stock was negative ($3.8 million). FelCor Lodging Trust Incorporated (FCH) gained $0.02 at $6.47, a change of 0.31% over the previous days close.


FelCor Lodging Trust Incorporated (NYSE:FCH): The stock opened at $6.47 on Wednesday but the bulls could not build on the opening and the stock topped out at $6.53 for the day. The stock traded down to $6.38 during the day, due to lack of any buying support eventually closed down at $6.42 with a loss of -0.47% for the day. The stock had closed at $6.45 on the previous day. The total traded volume was 2,106,955 shares.

The stock has recorded a 20-day Moving Average of 2.65% and the 50-Day Moving Average is 0.84%. In a related news, The Securities and Exchange Commission has divulged that Cotter Robert F, director of Felcor Lodging Trust Inc, had unloaded 15,918 shares at an average price of $6.34 in a transaction dated on July 1, 2016. The total value of the transaction was worth $100,920.

FelCor Lodging Trust Incorporated (FelCor) is a real estate investment trust (REIT). FelCor owns a portfolio of primarily upper-upscale and luxury hotels and resorts. As of December 31, 2014, FelCor is the sole general partner of, and the owner of a greater than 99% partnership interest in, FelCor Lodging Limited Partnership (FelCor LP)through , which the Company held ownership interests in 48 hotels with 14,435 rooms. The Company sells, acquires, rebrands and redevelops hotels. The Company owns DoubleTree by Hilton, DoubleTree Suites by Hilton, Embassy Suites Hotels, Fairmont, Hilton, Holiday Inn, Marriott, Morgans, Renaissance, Royalton, Sheraton, Sheraton Suites, Walt Disney World, Westin, Wyndham and Wyndham Grand.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.