Financial News
Hyatt Hotels Corporation (H) Looks to Continue to Trade Above its Annual-High Share Price
Hyatt Hotels Corporation (NYSE:H) traded at a new 12-month high today of $102.00. Approximately 72,000 shares have changed hands today, as compared to an average 30-day volume of 909,000 shares.
In the past 12 months, shares of Hyatt Hotels Corporation have traded between a low of $67.70 and a high of $102.00 and are now at $101.90, which is 51% above that low price.
Hyatt is an operator of 1,037 owned (6% of total rooms) and managed and franchise (94%) properties across 18 upscale luxury brands, which includes two vacation brands (Hyatt Ziva and Hyatt Zilara), the recently launched full-service lifestyle brand Hyatt Centric, the soft lifestyle brand Unbound, and the wellness brand Miraval. Hyatt acquired Two Roads in November 2018. The regional breakdown as a percentage of total rooms is 66% Americas, 21% Asia-Pacific, and 13% rest of world.
Hyatt Hotels Corporation has overhead space with shares priced $101.90, or 42.9% below the average consensus analyst price target of $178.36.
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