Company Shares of Diamondrock Hospitality Company Drops by -2.83%

Diamondrock Hospitality Company (NYSE:DRH) has lost 2.83% during the past week and dropped 0.76% in the last 4 weeks. The shares are however, negative as compared to the S&P 500 for the past week with a loss of 2.43%.

Diamondrock Hospitality Company (NYSE:DRH) has underperformed the index by 0.48% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

Currently the company Insiders own 1.1% of Diamondrock Hospitality Co. Company shares. In the past six months, there is a change of 0% in the total insider ownership. During last 3 month period, -0.77% of total institutional ownership has changed DiamondRock Hospitality Company logo. (PRNewsFoto/DiamondRock Hospitality)in the company shares. Shares of DRH have rallied 3.46% in the last 52 Weeks. On January 23, 2015 the shares registered a 52-week high of $16.01 and 52-week low was seen on July 31, 2014 at $12.15. The 50-day moving average is $13.26 and the 200 day moving average is recorded at $14.24. S&P 500 has rallied 7.73% during the last 52-weeks.

Diamondrock Hospitality Company (NYSE:DRH) : On Friday heightened volatility was witnessed in Diamondrock Hospitality Company (NYSE:DRH) which led to swings in the share price. The shares opened for trading at $13 and hit $13.08 on the upside, eventually ending the session at $13.07, with a gain of 0.81% or 0.105 points. The heightened volatility saw the trading volume jump to 2,172,228 shares. The 52-week high of the share price is $16.01 and the company has a market cap of $2,623 million. The 52-week low of the share price is at $12.15 .

DiamondRock Hospitality Company, is a lodging-focused Maryland corporation operating as a real estate investment trust (REIT). It owns a portfolio of 27 premium hotels and resorts that contain 11,590 guest rooms. It also holds the senior note on a mortgage loan secured by an additional hotel and has the right to acquire, upon completion, a hotel under development. Its portfolio is concentrated in key gateway cities and destination resorts. Each of its hotels is managed by a third party and are operated under a brand owned by one of the global lodging brand companies (Marriott International, Inc. (Marriott), Starwood Hotels & Resorts Worldwide, Inc. (Starwood) or Hilton Worldwide (Hilton)).

In April 2014, DiamondRock Hospitality Co sold its Oak Brook Hills Resort which is located in suburb of Chicago. In September 2014, DiamondRock Hospitality Co acquires The Hilton Garden Inn Times Square Central and acquired the fee simple interest in a 106-room boutique hotel, The Inn at Key West.

Source: http://www.insidertradingreport.org/company-shares-of-diamondrock-hospitality-company-drops-by-2-83/623833/

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