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China Lodging Group (HTHT) Catches Eye: Stock Gains 6.2%
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China Lodging Group, Limited (HTHT - Free Report) was a big mover last session, as the company saw its shares rise a little above 6% on the day. The upside was driven by improved preliminary results for the hotel operation in the first-quarter 2017. Also, this led to far more shares changing hands than in a normal session. This breaks the recent trend for the company as the stock is now trading above the volatile price range of $58.24 to $64.04 in the past one-month time frame.
The company has seen no positive or negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate remained unchanged over the same timeframe. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
China Lodging currently carries a Zacks Rank #3 (Hold).
Is HTHT going up? Or down? Predict to see what others think: Up or Down
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>
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China Lodging Group (HTHT) Catches Eye: Stock Gains 6.2%
China Lodging Group, Limited (HTHT - Free Report) was a big mover last session, as the company saw its shares rise a little above 6% on the day. The upside was driven by improved preliminary results for the hotel operation in the first-quarter 2017. Also, this led to far more shares changing hands than in a normal session. This breaks the recent trend for the company as the stock is now trading above the volatile price range of $58.24 to $64.04 in the past one-month time frame.
The company has seen no positive or negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate remained unchanged over the same timeframe. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
China Lodging currently carries a Zacks Rank #3 (Hold).
China Lodging Group, Limited Price
China Lodging Group, Limited Price | China Lodging Group, Limited Quote
A better-ranked stock in the Hotels and Motels industry is Hilton Worldwide Holdings Inc. (HLT - Free Report) , which holds a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is HTHT going up? Or down? Predict to see what others think: Up or Down
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>