News Source: www.equities.com
Red Lions Hotels Corporation (RLH) Plunges 6.18% on October 30
News Source/Courtesy: www.equities.com

Courtesy/News Source: equities.com

Red Lions Hotels Corporation (RLH) had a rough trading day for Wednesday October 30 as shares tumbled 6.18%, or a loss of $-0.4 per share, to close at $6.07. After opening the day at $6.47, shares of Red Lions Hotels Corporation traded as high as $6.47 and as low as $6.00. Volume was 80,020 shares over 772 trades, against an average daily volume of n/a shares and a total float of 25.12 million.

As a result of the decline, Red Lions Hotels Corporation now has a market cap of $152.46 million. In the last year, shares of Red Lions Hotels Corporation have traded between a range of $12.07 and $5.00, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

For a complete fundamental analysis of Red Lions Hotels Corporation, check out Equities.com’s Stock Valuation Analysis report for RLH.

Red Lions Hotels Corporation is a Red Lion Hotels Corp is a hospitality group covering upscale, midscale and economy hotels with operations spread across the United States.

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Red Lion Hotels Corp is a hospitality group covering upscale, midscale and economy hotels with operations spread across the United States. It owns, manages and franchises hotels and owns and operates an event ticket distribution business. Their hotels are operated under the brands, Hotel RL, Red Lion Hotel, Red Lion Inn & Suites, GuestHouse and Settle Inn & Suites. It operates in two segments, Company Operated Hotels segment which involves providing room food and beverages at owned and leased hotels and Franchised hotels segment which includes licensing of brands to franchisees.

Red Lions Hotels Corporation is based out of Denver, CO and has some 410 employees. Its CEO is Gregory T. Mount.

Red Lions Hotels Corporation is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Red Lions Hotels Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: RLH’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

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News Source: www.equities.com

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