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42.6% Return Seen to Date on SmarTrend Diamondrock Hosp Call (DRH)

By David Diaz

SmarTrend identified an Uptrend for Diamondrock Hosp (NYSE:DRH) on March 20th, 2020 at $3.52. In approximately 3 weeks, Diamondrock Hosp has returned 42.61% as of today's recent price of $5.02.

In the past 52 weeks, shares of Diamondrock Hosp have traded between a low of $1.96 and a high of $11.79 and are now at $5.02, which is 156% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 4.1%.

DiamondRock Hospitality Company is a self-advised real estate investment trust. The Company owns, acquires, and invests in upper scale and upscale hotel properties located in North America. DiamondRock also invests in premium limited-service and extended-stay hotel properties in urban locations.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Diamondrock Hosp shares.

Log in and add Diamondrock Hosp (DRH) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights diamondrock hosp

Ticker(s): DRH