Red Lion Hotels Corp. (RLH) Stock Price Down 1.3%
Red Lion Hotels Corp. (NYSE:RLH) shares fell 1.3% during trading on Friday . The stock traded as low as $6.25 and last traded at $6.32, with a volume of 76,962 shares. The stock had previously closed at $6.40.
Several brokerages recently commented on RLH. B. Riley reaffirmed a “buy” rating and issued a $11.00 target price on shares of Red Lion Hotels Corp. in a research report on Monday, July 11th. Zacks Investment Research raised Red Lion Hotels Corp. from a “sell” rating to a “hold” rating in a research report on Wednesday, July 13th.
The company’s market capitalization is $129.26 million. The stock’s 50-day moving average price is $7.21 and its 200 day moving average price is $7.51.
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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