Red Lion Hotels Corp. (RLH) Trading Up 3.1%
Red Lion Hotels Corp. (NYSE:RLH) shares were up 3.1% during trading on Thursday . The stock traded as high as $6.86 and last traded at $6.70, with a volume of 182,351 shares traded. The stock had previously closed at $6.50.
Several research analysts have commented on RLH shares. Zacks Investment Research downgraded Red Lion Hotels Corp. from a “hold” rating to a “sell” rating in a research report on Tuesday, August 9th. B. Riley reaffirmed a “buy” rating and issued a $11.00 price target on shares of Red Lion Hotels Corp. in a research report on Saturday, July 16th.
The firm has a 50 day moving average of $7.42 and a 200 day moving average of $7.46. The stock’s market cap is $135.33 million.
Red Lion Hotels Corporation (RLHC) is a hospitality and leisure company. The Company is engaged in the franchising, management and ownership of hotels under the brands, including Hotel RL, Red Lion Hotel, Red Lion Inn & Suites, GuestHouse and Settle Inn & Suites (collectively the RLHC Brands). The RLHC brands represent upscale, midscale and economy hotels.
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