Chatham Lodging Trust (NYSE:CLDT) went up by 3.31% during the previous trading session, and it is maintaining the win ahead of Tuesday’s trading session. The share price of the REIT – Hotel & Motel giant went up by $7.50 to trade ended Tuesday trading at $7.26. This is up from the $7.26 price recorded on Monday’s trading session. Thanks to this latest performance, CLDT is closer to the higher price 52-week target of $10.00 and further from the lowest price target of $6.00. Its performance from the start of the year has also been negative, with CLDT down by -59.11% year-to-date.
Chatham Lodging Trust (CLDT) started the day trading at $7.6 and recorded an intraday high of $7.99. It also recorded an intraday low of $7.4 during Tuesday’s trading session. Chatham Lodging Trust is a very active stock that recorded a trading volume that is more than 5.11% of the average daily trading volume on Tuesday. The stock’s trading volume on Tuesday was 725855, which is more than 5.11 of the total average daily trading volume of 688.74K.
Chatham Lodging Trust (NYSE:CLDT) 2020 Performance Impressive
The increase in CLDT’s stock price on Tuesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of CLDT currently stands at $19.81, which is higher than the current trading price of the stock by 62.14%. However, CLDT’s current trading price is -118.02% lower than the 52-week low price of $3.44. In terms of trading volume, Chatham Lodging Trust currently experienced healthy participation during the last trading session. 725855 shares of Chatham Lodging Trust were traded on the stock exchange on Tuesday, which is more than 5.11% of the 688.74K average trading volume of the stock.
The performance of the stock has been positive over the past year. CLDT’s performance over the past one year has seen it plunge by -61.20%, while the stock has gone down by -58.95% in the last six months. The quarterly performance of CLDT currently stands at 23.76%, and it is up by 45.91% in the last month. The only negative figure was from the weekly performance, which currently reads -14.29%. At the time of writing CLDT’s report, the company has a total market cap of $330.75M, making it one of the largest publicly-traded companies in the world.Chatham Lodging Trust also has over 39 employees all over the world.
CLDT Insider Activities
For Chatham Lodging Trust, insiders hold 88.40% of all company shares. The insider transactions over the past six months are up by 2.30%. During that period, insiders bought 24,516 shares in 6 transactions. In that same period, insiders sold 0 of their shares in 0 transactions. After these transactions, insiders at Chatham Lodging Trust now hold 1.1M shares, which is over 87.51% of the total company stocks. Institutional investors currently hold a large chunk of the CLDT shares, as they control 2.35% of the company’s total stock.
CLDT Fundamental Analysis
For Chatham Lodging Trust, the stock’s diluted earnings per share (EPS) stands at -0.23. In the coming year, analysts expect the EPS to be -0.53. The EPS growth will up over the next five years to 12.00% after plunging by -29.80% in the previous five years. In terms of revenue, Chatham Lodging Trust’s quarterly sales (YOY) is shrinking at -0.76, which is higher than the average annual revenue of -29.80% over the past half a decade.
The Return on Investment (ROI) on Chatham Lodging Trust’s stock currently stands at 4.20%, and it has a net profit margin of -3.50%. The operating margin of the company is 9.30%, and its gross margin is 74.10%.
CLDT Analysts Prediction
In March 24, 2020, several analysts reiterated their positions on the Chatham Lodging Trust stock and predicted its performance to their investors. The analysts at B. Riley FBR believe CLDT is still a Buy and set the price target between $16 and $9. Another analyst that has a Neutral rating for CLDT is B. Riley FBR Inc., which set a price target of between $21 and $20. and FBR & Co. reiterate their Mkt Perform position on the stock ($22 and $20).
Analysts at FBR & Co. believe that CLDT is Mkt Perform, and they have a price target of between $23 and $22. BB&T Capital Mkts and Stifel also believe that Chatham Lodging Trust’s stock is outperforming at the moment. CLDT received a positive rating from FBR Capital, which set a price target of $26-$23 for the stock.
At the moment, Chatham Lodging Trust’s Total Debt to Equity ratio stands at 0.92, and they have a long-term Debt to Equity ratio of 0.92.
CLDT Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of CLDT currently stands at 2.18%, while the SMA50 is 10.01%. The biggest one is the SMA200, which is currently reading -45.74% ahead of Tuesday’s trading session. The Relative Strength Index of this stock is 51.22.