Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. RLJ Lodging Trust shares valued at $93,783 were purchased by Gibson Patricia L on Mar 07 ’25. At $9.38 per share, Gibson Patricia L acquired 10,000 shares. The insider’s holdings grew to 114,217 shares worth approximately $1.02 million following the completion of this transaction.
As published in a research note from Wolfe Research on September 26, 2024, RLJ Lodging Trust [RLJ] has been rated down from an Outperform to a Peer perform. Analysts at Wells Fargo downgraded the stock from ‘”an Equal weight”‘ to ‘”an Underweight”‘ outlook in a report released in mid September. As of August 05, 2024, Compass Point has decreased its “Buy” rating to a “Neutral” for RLJ. Earlier on January 10, 2024, Wolfe Research initiated its rating. Their recommendation was “an Outperform” for RLJ stock.
Analyzing RLJ Stock Performance
During the last five days, there has been a drop of approximately -3.68%. Over the course of the year, RLJ Lodging Trust shares have dropped approximately -12.73%. Shares of the company reached a 52-week high of $10.24 on 01/28/25 and a 52-week low of $8.80 on 03/12/25. A 50-day SMA is recorded $9.66, while a 200-day SMA reached $9.58.
Support And Resistance Levels for RLJ Lodging Trust (RLJ)
According to the 24-hour chart, there is a support level at 8.80, which, if violated, would cause prices to drop to 8.70. In the upper region, resistance lies at 9.01. The next price resistance is at 9.11. RSI (Relative Strength Index) is 35.45 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.24, which suggests the price will decrease in the coming days. Percent R is at 86.86%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
