DiamondRock Hospitality Co. (DRH) Drops 8.17% on January 13

Equities Staff |

DiamondRock Hospitality Co. (DRH) was one of the Russell 2000's biggest losers for Wednesday January 13 as the stock slid 8.17% to $8.27, a loss of $-0.735 per share. Starting at an opening price of $8.90 a share, the stock traded between $8.26 and $8.93 over the course of the trading day. Volume was 1.85 million shares over 9,979 trades, against an average daily volume of 2.29 million shares and a total float of 200.74 million.

The losses send DiamondRock Hospitality Co. down to a market cap of $1.66 billion. In the last year, DiamondRock Hospitality Co. has traded between $16.01 and $8.89, and its 50-day SMA is currently $10.48 and 200-day SMA is $11.98.

The stock has a P/E Ratio of 14.8.

Diamondrock Hospitality Co is a lodging-focused real estate investment trust. The Company owns approximately 27 hotels with 10,552 rooms.

DiamondRock Hospitality Co. is based out of Bethesda, MD and has some 25 employees. Its CEO is Mark W. Brugger.

For a complete fundamental analysis analysis of DiamondRock Hospitality Co., check out Equities.com’s Stock Valuation Analysis report for DRH. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer


Emerging Growth

Blow & Drive Interlock Corp

Blow & Drive Interlock Corp manufactures, markets, leases, installs and monitors a Breath Alcohol Ignition Interlock Device mechanism on the steering column of an automobile and into which a driver…

Private Markets


Trustify provides trust and safety in both the digital and physical worlds through our vast network of on-demand Private Investigators.By removing the large retainers and high hourly rates that traditional…

Almond Smart Home Router by Securifi

Securifi sells user friendly touch screen routers that also have support for IoT/home automation.Securifi’s Almond revolutionized wireless router setup with its easy to use Touchscreen Interface in 2012. Now our…