TMCnet News
Red Lion Hotels Shares Up 27.3% Since SmarTrend's Buy Recommendation (RLH)Jan 08, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Red Lion Hotels (NYSE:RLH) on October 26th, 2012 at $6.62. In approximately 2 months, Red Lion Hotels has returned 27.34% as of today's recent price of $8.43. Over the past year, Red Lion Hotels has traded in a range of $5.52 to $9.30 and is now at $8.43, 53% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.0% while the 200-day MA has remained constant. Red Lion Hotels Corporation owns, manages, develops, and franchises upper mid-scale, full service hotels. The Company also promotes and distributes event tickets, and promotes and presents entertainment productions. In addition, Red Lion provides real estate-related services, including developing and brokering sales of commercial and multi-unit residential properties. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Red Lion Hotels shares.Log in and add Red Lion Hotels (RLH) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |