Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Diamondrock Hospitality Co shares valued at $79,800 were purchased by Donnelly Jeffrey on Mar 11 ’25. At $7.98 per share, Donnelly Jeffrey acquired 10,000 shares. The insider’s holdings grew to 672,894 shares worth approximately $5.3 million following the completion of this transaction.
As published in a research note from Stifel on November 22, 2024, Diamondrock Hospitality Co [DRH] has been rated down from a Buy to a Hold and the price target has been revised to $10.25 from $10.75. Analysts at Evercore ISI downgraded the stock from ‘”an Outperform”‘ to ‘”an In-line”‘ outlook in a report released in mid November. As of August 05, 2024, Compass Point has increased its “Neutral” rating to a “Buy” for DRH. Earlier on January 10, 2024, Wolfe Research initiated its rating. Their recommendation was “an Outperform” for DRH stock.
Analyzing DRH Stock Performance
During the last five days, there has been a drop of approximately -0.25%. Over the course of the year, Diamondrock Hospitality Co shares have dropped approximately -12.74%. Shares of the company reached a 52-week high of $9.17 on 01/28/25 and a 52-week low of $7.54 on 03/28/25. A 50-day SMA is recorded $8.32, while a 200-day SMA reached $8.64.
Support And Resistance Levels for Diamondrock Hospitality Co (DRH)
According to the 24-hour chart, there is a support level at 7.68, which, if violated, would cause prices to drop to 7.48. In the upper region, resistance lies at 7.99. The next price resistance is at 8.10. RSI (Relative Strength Index) is 44.74 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.10, which suggests the price will decrease in the coming days. Percent R is at 38.18%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
