RLJ Lodging Trust Com (RLJ) Jumps 5.22% on January 29

Equities Staff |

RLJ Lodging Trust Com (RLJ) was among the biggest gainers on the Russell 2000 for Friday January 29 as the stock popped 5.22% to $18.33, representing a gain of $0.91 per share. Some 1.48 million shares traded hands on 9,382 trades, compared with an average daily volume of 1.34 million shares out of a total float of 125.73 million. The stock opened at $17.59 and traded with an intraday range of $18.54 to $17.58.

After today's gains, RLJ Lodging Trust Com reached a market cap of $2.3 billion. RLJ Lodging Trust Com has had a trading range between $35.44 and $16.15 over the last year, and it had a 50-day SMA of $21.44 and a 200-day SMA of $26.28.

The stock has a P/E Ratio of 13.7.

RLJ Lodging Trust is a self-advised and self-administered Maryland real estate investment trust. It acquires premium-branded, focused-service and compact full-service hotels.

RLJ Lodging Trust Com is based out of Bethesda, MD and has some 56 employees. Its CEO is Thomas J. Baltimore.

For a complete fundamental analysis analysis of RLJ Lodging Trust Com, check out Equities.com’s Stock Valuation Analysis report for RLJ. 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.

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