Chatham Lodging Trust’s recently made public that its EVP & Chief Operating Officer CRAVEN DENNIS M acquired Company’s shares for reported $94560.0 on Jun 10 ’24. In the deal valued at $7.88 per share,12,000 shares were bought. As a result of this transaction, CRAVEN DENNIS M now holds 110,943 shares worth roughly $0.78 million.
Alliance Global Partners initiated its Chatham Lodging Trust [CLDT] rating to a Buy in a research note published on December 11, 2024; the price target was $12. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who decreased its forecast for the stock in mid July from “an Outperform” to “a Perform”. Oppenheimer began covering CLDT with “an Outperform” recommendation on April 22, 2022. Barclays revised its rating on September 01, 2021. It rated CLDT as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of CLDT
On Tuesday, Chatham Lodging Trust [NYSE:CLDT] saw its stock jump 0.29% to $7.03. Over the last five days, the stock has gained 1.59%. Chatham Lodging Trust shares have fallen nearly -21.45% since the year began. Nevertheless, the stocks have fallen -23.34% over the past one year. While a 52-week high of $10.00 was reached on 01/02/25, a 52-week low of $5.83 was recorded on 04/09/25. SMA at 50 days reached $7.28, while 200 days put it at $8.32.
Levels Of Support And Resistance For CLDT Stock
The 24-hour chart illustrates a support level at 6.90, which if violated will result in even more drops to 6.78. On the upside, there is a resistance level at 7.28. A further resistance level may holdings at 7.54. The Relative Strength Index (RSI) on the 14-day chart is 50.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.72%. Stochastics %K at 65.59% indicates the stock is a holding.
