Diamondrock Hospitality Co’s filing revealed that its Chief Executive Officer Donnelly Jeffrey acquired Company’s shares for reported $79800.0 on Mar 11 ’25. In the deal valued at $7.98 per share,10,000 shares were bought. As a result of this transaction, Donnelly Jeffrey now holds 672,894 shares worth roughly $5.14 million.
BofA Securities upgraded its Diamondrock Hospitality Co [DRH] rating to a Buy from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including Stifel’s analysts, who decreased its forecast for the stock in late November from “a Buy” to “a Hold”. Evercore ISI also remained covering DRH and has decreased its forecast on November 15, 2024 with a “an In-line” recommendation from previously “an Outperform” rating. Compass Point revised its rating on August 05, 2024. It rated DRH as “a Buy” which previously was an “a Neutral”.
Price Performance Review of DRH
On Friday, Diamondrock Hospitality Co [NYSE:DRH] saw its stock fall -0.39% to $7.64. Over the last five days, the stock has gained 2.14%. Diamondrock Hospitality Co shares have fallen nearly -15.39% since the year began. Nevertheless, the stocks have fallen -7.57% over the past one year. While a 52-week high of $9.78 was reached on 01/28/25, a 52-week low of $6.18 was recorded on 04/09/25. SMA at 50 days reached $7.44, while 200 days put it at $8.46.
Levels Of Support And Resistance For DRH Stock
The 24-hour chart illustrates a support level at 7.55, which if violated will result in even more drops to 7.46. On the upside, there is a resistance level at 7.72. A further resistance level may holdings at 7.80. The Relative Strength Index (RSI) on the 14-day chart is 52.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 59.01%. Stochastics %K at 41.41% indicates the stock is a holding.
The most recent change occurred on January 10, 2024 when Wolfe Research began covering the stock and recommended ‘”an Outperform”‘ rating along with a $11 price target.
