Red Lions Hotels Corporation (RLH) Soars 12.82% on June 23

Equities Staff  |

Red Lions Hotels Corporation (RLH) had a good day on the market for Tuesday June 23 as shares jumped 12.82% to close at $2.20. About 341,286 shares traded hands on 2,234 trades for the day, compared with an average daily volume of n/a shares out of a total float of 25.34 million. After opening the trading day at $1.92, shares of Red Lions Hotels Corporation stayed within a range of $2.24 to $1.90.

With today's gains, Red Lions Hotels Corporation now has a market cap of $55.75 million. Shares of Red Lions Hotels Corporation have been trading within a range of $7.39 and $1.16 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Red Lion Hotels Corp is a hospitality group covering upscale, midscale and economy hotels with operations spread across the United States. It owns, manages and franchises hotels and owns and operates an event ticket distribution business. Their hotels are operated under the brands, Hotel RL, Red Lion Hotel, Red Lion Inn & Suites, GuestHouse and Settle Inn & Suites. It operates in two segments, Company Operated Hotels segment which involves providing room food and beverages at owned and leased hotels and Franchised hotels segment which includes licensing of brands to franchisees.

Red Lions Hotels Corporation is based out of Denver, CO and has some 285 employees. Its CEO is John J. Russell.

For a complete fundamental analysis of Red Lions Hotels Corporation, check out Equities.com’s Stock Valuation Analysis report for RLH.

Still paying commissions on stock trades? Equities.com now offers $7.99/month unlimited trading and flat-fee options trading for $89.99/month! Get started today by https://www.equities.com/trading-start

Red Lions Hotels Corporation is also a component of the Russell 2000. 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.

To get more information on Red Lions Hotels Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: RLH’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.



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

Comments

Watchlist

Symbol Last Price Change % Change
AAPL

     
AMZN

     
HD

     
JPM

     
IBM

     
BA

     
WMT

     
DIS

     
GOOG

     
XOM

     
BRK.A

     
FB

     
JNJ

     
WFC

     
T

     
NFLX

     
TSLA

     
V

     
UNH

     
PG