China Lodging Group, Limited HTHT was a big mover last session, as the company saw its shares rise more than 10% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $28.42 to $30.33 over the past one-month time frame.
None of the estimates for this hotel industry stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
China Lodging Group sports a Zacks Rank #1 (Strong Buy), while its Earnings ESP is 0.00%.
Investors interested in the space may also consider Belmond Ltd. BEL, carrying a Zacks Rank #2 (Buy).
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