Chatham Lodging Trust (NYSE: CLDT) is -13.62% lower on its value in year-to-date trading and has touched a low of $7.60 and a high of $11.32 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CLDT stock was last observed hovering at around $9.25 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $9.26, the stock is 5.32% and 7.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.2 million and changing 0.11% at the moment leaves the stock 3.77% off its SMA200. CLDT registered -6.93% loss for a year compared to 6-month loss of 10.37%. The firm has a 50-day simple moving average (SMA 50) of $8.6026 and a 200-day simple moving average (SMA200) of $8.9282.
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The stock witnessed a 12.24% gain in the last 1 month and extending the period to 3 months gives it a 8.81%, and is 5.47% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.90% over the week and 2.97% over the month.
Chatham Lodging Trust (CLDT) has around 17 employees, a market worth around $452.92M and $314.38M in sales. Profit margin for the company is -3.55%. Distance from 52-week low is 21.84% and -18.20% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.93%).
The EPS is expected to shrink by -27.27% this year
241.0 institutions hold shares in Chatham Lodging Trust (CLDT), with institutional investors hold 95.27% of the company’s shares. The shares outstanding are 48.86M, and float is at 47.63M with Short Float at 0.72%. Institutions hold 92.90% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 5.2 million shares valued at $44.27 million. The investor’s holdings represent 10.6271 of the CLDT Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 5.16 million shares valued at $43.99 million to account for 10.5612 of the shares outstanding. The other top investors are DONALD SMITH & CO., INC. which holds 3.33 million shares representing 6.8114 and valued at over $28.37 million, while FULLER & THALER ASSET MANAGEMENT, INC. holds 6.6203 of the shares totaling 3.24 million with a market value of $27.58 million.
Chatham Lodging Trust (CLDT) Insider Activity
The most recent transaction is an insider purchase by CRAVEN DENNIS M, the company’s EVP & Chief Operating Officer. SEC filings show that CRAVEN DENNIS M bought 12,000 shares of the company’s common stock on Jun 10 ’24 at a price of $7.88 per share for a total of $94560.0. Following the purchase, the insider now owns 0.11 million shares.
