Shares of CorePoint Lodging Inc. (CPLG) Exceed 52-Week High

February 24, 2021 11:38:29

Shares of CorePoint Lodging Inc. (NYSE:CPLG) traded today at $10.00, eclipsing its 52-week high. This new high was reached on approximately average trading volume as 159,000 shares traded hands, while the average 30-day volume is approximately 174,000 shares.

CorePoint Lodging Inc is a lodging real estate investment trust strategically focused on serving the midscale and upper-midscale select-service lodging segments. The company’s portfolio includes over 300 hotels with around 40,400 rooms in locations in or near employment centers, airports, and major travel thoroughfares. The company primarily derives revenues from its hotel operations.

CorePoint Lodging Inc. share prices have moved between a 52-week high of $10.00 and a 52-week low of $2.18 and are now trading 350% above that low price at $9.82 per share.

Based on a current price of $9.82, CorePoint Lodging Inc. is currently 39.7% above its average consensus analyst price target of $5.92.

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