JMP Securities downgraded FelCor Lodging Trust Incorporated (NYSE:FCH) to Market Perform in a report released today.
- Updated: September 16, 2016
JMP Securities has downgraded FelCor Lodging Trust Incorporated(NYSE:FCH) to Market Perform in a statement released on 9/16/2016.
On Wednesday October 28 2015, Deutsche Bank reported about FelCor Lodging Trust Incorporated(NYSE:FCH) dropped the target price from $10.00 to $9.00 that indicated a possible upside of 0.00%.
Boasting a price of $6.54, FelCor Lodging Trust Incorporated (NYSE:FCH) traded 7.80% lower on the day. The last stock price close is down 13.36% from the 200-day average, compared to the S&P 500 which has decreased -0.01% over the same time. FCH has been tracking to a 50-day average of $6.58 and two hundred day average of $6.96. 1,157,535 shares of FelCor Lodging Trust Incorporated traded, down from ann average volume of 1,198,490
Recent Performance Chart:
With a market cap of $0.0, FelCor Lodging Trust Incorporated has a 52 week low of $5.47 and a one-year high of $8.63 with a PE ratio of 0.
General Information About FelCor Lodging Trust Incorporated (NYSE:FCH)
FelCor Lodging Trust Incorporated is a real estate investment trust. The Company, through its subsidiary, FelCor Lodging Limited Partnership, holds ownership interests in approximately 40 hotels with over 12, 440 rooms. The Company sells, acquires, rebrands and redevelops hotels. The Company’s hotels are located in approximately 20 states of the United States. The Company holds a portfolio of hotels managed by Hilton Worldwide (Hilton); Wyndham Worldwide (Wyndham); Marriott International Inc. (Marriott); InterContinental Hotels Group (IHG); Starwood Hotels & Resorts Worldwide Inc. (Starwood); Fairmont Raffles Hotels International (Fairmont); Highgate Hotels (Highgate); Morgans Hotel Group Corporation (Morgans), and Aimbridge Hospitality. Its hotels include Embassy Suites Atlanta-Buckhead; DoubleTree Suites by Hilton Austin; Embassy Suites Milpitas-Silicon Valley; Hilton Myrtle Beach Resort; Morgans New York; Wyndham Pittsburgh University Center, and and Wyndham San Diego Bayside.
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