LONDON, June 9, 2014 /PRNewswire/ --
The trading session on Friday, June 06, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,924.28, up 0.52% and the NASDAQ Composite closed at 4,321.40, up 0.59%. The S&P 500 finished the day 0.46% higher at 1,949.44. During the trading session, seven out of ten sectors finished on a positive note. The S&P 500 Financials Sector Index finished the day 0.68% higher at 306.72, and the index has gained 3.94% in the previous one month. Investor-Edge has initiated coverage on the following equities: DiamondRock Hospitality Co. (NYSE: DRH), Hersha Hospitality Trust (NYSE: HT), RLJ Lodging Trust (NYSE: RLJ) and Ryman Hospitality Properties Inc. (NYSE: RHP). Free technical research on DRH, HT, RLJ and RHP can be downloaded upon signing up at:
http://www.investor-edge.com/3563-register
Shares in DiamondRock Hospitality Co. edged 0.31% lower on Friday, closing the day at $12.79, also hitting a new 52-week high of $12.90. The stock recorded a trading volume of 1.41 million shares, near its three months average volume of 1.57 million shares. The company's shares oscillated between $12.73 and $12.90 during the session. Over the previous three trading sessions and in the last one month, DiamondRock Hospitality Co.'s shares have gained 2.48% and 2.32%, respectively. Moreover, the company's stock has advanced 10.74% from the beginning of 2014. The company's shares are trading above their 50-day and 200-day moving averages. DiamondRock Hospitality Co.'s 50-day moving average of $12.12 is above its 200-day moving average of $11.55. Furthermore, the company's stock traded at a PE ratio of 75.24 and has a Relative Strength Index (RSI) of 64.79. Sign up today to read free research on DRH at:
http://www.investor-edge.com/3563-DRH-09Jun2014.pdf
On Friday, shares in Hersha Hospitality Trust fluctuated between $6.48 and $6.59 before ending the session flat at previous day's closing price of $6.49, also hitting a new 52-week high of $6.59. The company's stock reported a trading volume of 1.83 million shares, which was above its three months average volume of 1.82 million shares. Shares of the company traded at a PE ratio of 216.33. Shares in Hersha Hospitality Trust have advanced 2.20% in the previous three trading sessions and 10.19% in the last one month. Additionally, the company's shares have surged 16.52% on YTD basis. Hersha Hospitality Trust's stock is trading above its 50-day and 200-day moving averages of $5.97 and $5.68, respectively. Furthermore, the company's shares have an RSI of 68.39. Sign up today to read free research on HT at:
http://www.investor-edge.com/3563-HT-09Jun2014.pdf
RLJ Lodging Trust's stock finished Friday's trading session 0.14% higher at $28.21, also hitting a new 52-week high of $28.39. A total of 0.71 million shares were traded, which was close to its three months average volume of 0.81 million shares. The stock moved between $28.09 and $28.39 during the session. RLJ Lodging Trust's stock has gained 1.69% in the previous three trading sessions, 5.07% in the last one month and 16.00% since the start of this year. The company's shares are trading above their 50-day and 200-day moving averages of $26.78 and $25.07, respectively. Further, RLJ Lodging Trust's stock traded at a PE ratio of 31.70 and has an RSI of 67.95. Sign up today to read free research on RLJ at:
http://www.investor-edge.com/3563-RLJ-09Jun2014.pdf
Shares in Ryman Hospitality Properties Inc. recorded a trading volume of 0.37 million shares, which was below its three months average volume of 0.53 million shares. The company's stock hit a new 52-week high of $48.36, before ending the day at $48.27, which was 0.81% higher its previous day's closing of $47.88, and registered an intraday range of $47.88 and $48.36. The company's shares traded at a PE ratio of 36.98. Shares in Ryman Hospitality Properties Inc. have advanced 2.55% in the previous three trading sessions and 5.00% in the last one month. Moreover, the shares have surged 15.53% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $45.26 and $41.06, respectively. Additionally, shares of the company have an RSI of 74.87. Sign up today to read free research on RHP at:
http://www.investor-edge.com/3563-RHP-09Jun2014.pdf
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