FelCor Lodging Trust Inc. Hits New 52-Week High at $6.67 (FCH)
Shares of FelCor Lodging Trust (NYSE:FCH) hit a new 52-week high during mid-day trading on Friday, AnalystRatingsNetwork.com reports. The stock traded as high as $6.67 and last traded at $6.61, with a volume of 552,522 shares trading hands. The stock had previously closed at $6.36.
Separately, analysts at Goldman Sachs Group Inc. upgraded shares of FelCor Lodging Trust from a “neutral” rating to a “buy” rating in a research note to investors on Wednesday. They now have a $7.25 price target on the stock, up previously from $6.20.
FelCor Lodging Trust has a 52-week low of $3.90 and a 52-week high of $6.47. The stock’s 50-day moving average is $5.97 and its 200-day moving average is $5.96. The company’s market cap is $820.5 million.
FelCor Lodging Trust (NYSE:FCH) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.21 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.20 by $0.01. The company had revenue of $249.03 million for the quarter, compared to the consensus estimate of $262.42 million. During the same quarter in the prior year, the company posted $0.18 earnings per share. The company’s quarterly revenue was up 3.3% on a year-over-year basis. On average, analysts predict that FelCor Lodging Trust will post $0.39 earnings per share for the current fiscal year.
FelCor Lodging Trust Incorporated is a real estate investment trust (NYSE:FCH).
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