Hilton Worldwide Holdings Inc. (HLT) Moves Lower on Volume Spike for January 03

Equities Staff  |

Hilton Worldwide Holdings Inc. (HLT) traded on unusually high volume on Jan. 03, as the stock lost 5.13% to close at $67.30. On the day, Hilton Worldwide Holdings Inc. saw 5.61 million shares trade hands on 33,769 trades. Considering that the stock averages only a daily volume of 3.49 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $88.11 and $63.76 over the last 52-weeks, its 50-day SMA is now $71.61, and its 200-day SMA $77.44. Hilton Worldwide Holdings Inc. has a P/B ratio of 34.69. It also has a P/E ratio of 15.7.

Hilton Worldwide Holdings operates 894,000 rooms across 15 brands addressing the midscale through luxury segments. Hampton and Hilton are the two largest brands by total room count at around 25% each, while Home2, Curio, Canopy, and Tru represent mid single digits of existing rooms but a larger percentage of the pipeline room base. Managed and franchised represent 90% of adjusted EBITDA. Americas represents 70% of total adjusted EBITDA, while Asia-Pacific is 10%, Europe 15%, and Africa and Middle East is 5%.

Headquartered in McLean, VA, Hilton Worldwide Holdings Inc. has 163,000 employees and is currently under the leadership of CEO Christopher J. Nassetta.

For a complete fundamental analysis analysis of Hilton Worldwide Holdings Inc., check out Equities.com’s Stock Valuation Analysis report for HLT.

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To get more information on Hilton Worldwide Holdings Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: HLT’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

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

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