Free Technical Briefing on REIT Stocks -- Apple Hospitality REIT, CorePoint Lodging, DiamondRock Hospitality, and Hersha Hospitality Trust
NEW YORK, July 27, 2018 /PRNewswire/ --
If you want a free Stock Review on APLE, CPLG, DRH, and HT sign up now at https://stocktraderreport.com/registration/. On Thursday, July 26, 2018, US markets saw six out of nine sectors finishing the day in red, two in green, and one in neutral territory. Benchmark US indices were mixed at the end of yesterday's session - NASDAQ Composite down 1.10% closing at 7,852.18; the Dow Jones Industrial Average 0.44% higher, finishing at 25,527.07; and the S&P 500 ending at 2,837.44, down 0.30%. Pre-market today, StockTraderReport.com scans the performance of the following four REIT - Hotel/Motel stocks: Apple Hospitality REIT Inc. (NYSE: APLE), CorePoint Lodging Inc. (NYSE: CPLG), DiamondRock Hospitality Co. (NYSE: DRH), and Hersha Hospitality Trust (NYSE: HT). All you have to do is sign up today for this free limited time offer by clicking the link below.
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Apple Hospitality REIT
On Thursday, shares in USA-headquartered Apple Hospitality REIT Inc. recorded a trading volume of 568,651 shares. The stock ended at $17.95, declining 0.22% from the last trading session. The stock is trading below its 50-day moving average by 2.70%. Furthermore, shares of the Company, which owns one of the largest and most diverse portfolios of upscale, select-service hotels in the US, have a Relative Strength Index (RSI) of 39.77 and have a dividend yield of 6.69%.
On June 29th, 2018, Apple Hospitality REIT announced that it acquired the 132-room Hampton Inn & Suites by Hilton Atlanta Perimeter Dunwoody for a purchase price of approximately $29.5 million, or $223,000, per key. The hotel is located at 4565 Ashford Dunwoody Road in Atlanta, Georgia, in proximity to numerous well-known corporate operations. Get the full research report on APLE for free by clicking below at:
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CorePoint Lodging
USA-based CorePoint Lodging Inc.'s stock finished yesterday's session 0.08% higher at $25.67. A total volume of 128,617 shares was traded. Shares of the Company, which focuses on midscale and upper-midscale lodging business, are trading below its 50-day moving average by 1.84%. CPLG's complimentary research coverage is a few simple steps away at:
https://stocktraderreport.com/registration/?symbol=CPLG
DiamondRock Hospitality
At the close of trading on Thursday, shares in USA-based DiamondRock Hospitality Co. saw a rise of 0.25%, ending the day at $11.89. The stock recorded a trading volume of 1.91 million shares. The Company's shares have advanced 7.31% in the previous three months. The stock is trading above its 200-day moving average by 4.38%. Moreover, shares of DiamondRock Hospitality, which owns 30 premium quality hotels with over 9,900 rooms, have an RSI of 37.58 and have a dividend yield of 4.21%.
On July 05th, 2018, DiamondRock Hospitality announced that it will report its financial results for Q2 2018 on August 02nd, 2018, after the market closes. A conference call is scheduled for the next day, August 03rd, 2018, at 9:00 a.m. ET. The information, to be discussed on the call, will be contained in the Company's earnings release, which will be available under the Investor Relations section of its website. Register for your free research report on DRH at:
https://stocktraderreport.com/registration/?symbol=DRH
Hersha Hospitality Trust
USA-headquartered Hersha Hospitality Trust's shares ended the day 0.89% higher at $21.52 with a total trading volume of 537,296 shares, which was above their three months average of 379.72 thousand shares. The stock has gained 15.02% in the previous three months, 18.83% over the last twelve months, and 23.68% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 1.07% and 14.20%, respectively. Additionally, shares of the Company, which owns and operates high quality upscale hotels in urban gateway markets and coastal destinations, have an RSI of 45.58 and have a dividend yield of 5.20%.
On July 24th, 2018, Hersha Hospitality Trust announced its results for Q2 ended June 30th, 2018. Net income applicable to common shareholders was $6.5 million for the quarter, and adjusted funds from operations were $36.9 million. Revenue per available room at the Company's 38 comparable hotels was $208.13 in Q2 2018, average daily rate for the comparable hotel portfolio was $244.23, and occupancy was 85.2%. Stock Trader Report's downloadable research report on HT is available at:
https://stocktraderreport.com/registration/?symbol=HT
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