FelCor Lodging Trust Hits New 1-Year High at $10.37 (FCH)
Shares of FelCor Lodging Trust (NYSE:FCH) hit a new 52-week high on Friday , Stock Ratings Network.com reports. The stock traded as high as $10.37 and last traded at $10.34, with a volume of 287,453 shares trading hands. The stock had previously closed at $10.21.
The stock’s 50-day moving average is $9.58 and its 200-day moving average is $8.54. The company’s market cap is $1.288 billion.
FelCor Lodging Trust (NYSE:FCH) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.03 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.01 by $0.02. The company had revenue of $221.35 million for the quarter, compared to the consensus estimate of $214.14 million. During the same quarter last year, the company posted ($0.01) earnings per share. FelCor Lodging Trust’s revenue was up 6.0% compared to the same quarter last year. Analysts expect that FelCor Lodging Trust will post $0.57 EPS for the current fiscal year.
In other FelCor Lodging Trust news, EVP Troy A. Pentecost sold 10,000 shares of the stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $10.15, for a total value of $101,500.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
FelCor Lodging Trust Incorporated is a real estate investment trust (NYSE:FCH).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.