Choice Hotels Intl. Inc. stock trades under the ticker CHH & has shown recent bullish behavior that traders & investors should research further.
CHH stock closed at $142.07/share on 4/14/2022.
Choice Hotels Intl. Inc. CHH Stock’s Technicals Broken Down
CHH Stock Price: $142.07
10 Day Moving Average: $138.65
50 Day Moving Average: $141.16
200 Day Moving Average: $135.34
RSI: 54.43
MACD: -0.645
On Thursday, CHH stock completed a bullish MACD crossover, while gapping up above its 10 day moving average.
It has traded on above average volume over the last few weeks compared to the year prior, and with an RSI in the 50’s there looks to be more near-term momentum.
CHH stock will need to break out above the $142.67, $143.15 & $143.67 resistance levels.
Choice Hotels Intl. Inc. CHH Stock As A Long-Term Investment
Long-term focused investors may find CHH stock’s P/E (ttm) appealing at 26.2, but will find their 28.14 P/B(mrq) to be too high.
They recently reported 47% Quarterly Revenue Growth Y-o-Y, with 714% Quarterly Earnings Growth Y-o-Y.
CHH stock’s balance sheet may warrant a closer review, with Total Cash (mrq) of $511.6M & Total Debt (mrq) of $1.11B.
They offer a 0.49% dividend, which looks safe as their payout ratio is a modest 13.5%.
58.5% of CHH stock’s outstanding share float is held by institutional investors.
Choice Hotels Intl. Inc. CHH Stock As A Short-Term Trade Using Options
Short-term oriented traders can use options to profit from price movements in CHH stock.
I am looking at the contracts with the 5/20 expiration date.
The $135, $140 & $145 calls all look appealing, but are very illiquid.
The $150, $145 & $140 puts also look good, but have even lower levels of open interest.
Tying It All Together
Overall, CHH stock is an interesting potential addition to any portfolio.
Traders will like their current momentum path, but may be disappointed by the open interest levels of their options contracts.
Investors will like their P/E (ttm) & the stability of their dividend yield, but will wish that their yield was higher.
CHH stock is worth taking a closer look into, regardless of your trading style.
*** I DO NOT OWN SHARES OF CHH STOCK AT THE TIME OF PUBLISHING THIS ***