RLJ Lodging Trust’s recent filing unveils that its Director Gibson Patricia L acquired Company’s shares for reported $80298.0 on Mar 28 ’25. In the deal valued at $8.03 per share,10,000 shares were bought. As a result of this transaction, Gibson Patricia L now holds 124,217 shares worth roughly $0.85 million.
Then, Gibson Patricia L bought 10,000 shares, generating $93,783 in total proceeds. Upon buying the shares at $9.38, the Director now owns 114,217 shares.
Truist downgraded its RLJ Lodging Trust [RLJ] rating to a Hold from a a Buy in a research note published on March 21, 2025; the price target was decreased to $10 from $11. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who decreased its forecast for the stock in late September from “an Outperform” to “a Peer perform”. Wells Fargo also remained covering RLJ and has decreased its forecast on September 13, 2024 with a “an Underweight” recommendation from previously “an Equal weight” rating. Compass Point revised its rating on August 05, 2024. It rated RLJ as “a Neutral” which previously was an “a Buy”.
Price Performance Review of RLJ
On Friday, RLJ Lodging Trust [NYSE:RLJ] saw its stock fall -4.22% to $6.81. Over the last five days, the stock has lost -15.09%. RLJ Lodging Trust shares have fallen nearly -33.30% since the year began. Nevertheless, the stocks have fallen -41.61% over the past one year. While a 52-week high of $11.97 was reached on 01/28/25, a 52-week low of $6.99 was recorded on 04/04/25. SMA at 50 days reached $9.09, while 200 days put it at $9.45.
Levels Of Support And Resistance For RLJ Stock
The 24-hour chart illustrates a support level at 6.51, which if violated will result in even more drops to 6.22. On the upside, there is a resistance level at 7.09. A further resistance level may holdings at 7.38. The Relative Strength Index (RSI) on the 14-day chart is 18.25, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.86, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.80%. Stochastics %K at 10.63% indicates the stock is a buying.
How much short interest is there in RLJ Lodging Trust?
A steep rise in short interest was recorded in RLJ Lodging Trust stocks on 2025-03-14, dropping by -1.35 million shares to a total of 11.5 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 12.85 million shares. There was a decline of -11.7%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on January 10, 2024 when Wolfe Research began covering the stock and recommended ‘”an Outperform”‘ rating along with a $15 price target.
