RLJ Lodging Trust (RLJ) : During the past 4 weeks, traders have been relatively bearish on RLJ Lodging Trust (RLJ), hence the stock is down -2.61% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.36% relative to the S&P 500. The 4-week change in the price of the stock is -2.74% and the stock has fallen -0.86% in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.21% and the 50-Day Moving Average is 0.94%.The 200 Day SMA reached 9.06%. RLJ Lodging Trust is up 10.17% in the last 3-month period. Year-to-Date the stock performance stands at 10.23%.
RLJ Lodging Trust (NYSE:RLJ): The stock opened in the green at $23.24 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $23.64 and a low of $23.01 for the day. The stock did not find buyers even at the lows and closed at $23.1 recording a loss of -0.04%. 782,151 shares exchanged hands during the trading day. The stock had closed at $23.11 in the previous days trading.
RLJ Lodging Trust is a self-advised and self-administered Maryland real estate investment trust (REIT). The Company is engaged in acquiring full-service hotels. As of December 31, 2014, the Company through its wholly owned subsidiaries, owned 146 properties, which consisted of 144 hotels with approximately 22,900 rooms and two planned hotel conversions, located in 21 states and the District of Columbia, and an interest in one mortgage loan secured by a hotel. The Companys hotels are located in the New York, New York; Chicago, Illinois; Austin, Texas; Denver-Boulder, Colorado; Houston, Texas, and the Baltimore, Maryland-Washington, D.C. metropolitan areas. It operates its hotels under various brands, with nearly 97% of hotels operating under existing relationships with Marriott, Hilton or Hyatt. The Companys subsidiaries include RLJ LODGING TRUST L.P., RLJ LODGING TRUST LIMITED PARTNER LLC, RLJ LODGING ACQUISITIONS LLC and RLJ LODGING TRUST MASTER TRS INC., among others.