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.
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