Belmond Ltd. (BEL) Shares are Up 2.5%

Belmond Ltd. (BEL) : Traders are bullish on Belmond Ltd. (BEL) as it has outperformed the S&P 500 by a wide margin of 12.79% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.33%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.5% in the last 1 week, and is up 12.18% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 7.97% and the 50-Day Moving Average is 10.05%.The 200 Day SMA reached 28.94%


Belmond Ltd. (NYSE:BEL): After opening at $12.78, the stock dipped to an intraday low of $12.55 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $12.86 and the buying power remained strong till the end. The stock closed at $12.71 for the day, a gain of 0.16% for the day session. The total traded volume was 581,386. The stocks close on the previous trading day was $12.71.

Belmond Ltd. (BEL) : Currently there are 4 street experts covering Belmond Ltd. (BEL) stock. The most bullish and bearish price target for the stock is $13 and $11 respectively for the short term. The average price target of all the analysts comes to $12.25. The estimated standard deviation from the target is $0.96.

Belmond Ltd. (Belmond), formerly Orient-Express Hotels Ltd. is a luxury hotel company and adventure travel operator. Belmond manages around 45 properties, consisting of around 35 individual deluxe hotels, one stand-alone restaurant, six tourist trains and three river/canal cruise businesses. Belmonds 45 properties operate in approximately 22 countries. Belmond operates in six segments: owned hotels-Europe, owned hotels-North America, owned hotels-Rest of World, part-owned/managed hotels, owned trains and cruises, and part-owned/managed trains. Its properties include hotels, such as Belmond Hotel Cipriani, Belmond Hotel Splendido and Belmond Splendido Mare, Belmond Villa San Michele, Belmond Hotel Caruso, Belmond Khwai River Lodge, Belmond Eagle Island Lodge and Belmond Savute Elephant Lodge, among others, and trains and cruises, such as Belmond British Pullman, Belmond Northern Belle, Belmond Royal Scotsman, Belmond Road to Mandalay and Eastern & Oriental Express, among others.

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