Wyndham Hotels & Resorts Inc. stock trades under the ticker WH & has shown recent bullishness that traders & investors should take a closer look at.
WH stock closed at $81.31/share on 12/20/2021, with more bullish momentum set to push its share price higher in the coming days.
Wyndham Hotels & Resorts Inc. WH Stock’s Technicals Broken Down
WH Stock Price: $81.31
10 Day Moving Average: $80.86
50 Day Moving Average: $82.73
200 Day Moving Average: $74.80
RSI: 49.5
MACD: -0.636
WH stock completed a bullish MACD crossover yesterday, while its RSI is still under 50, recovering from being oversold in mid-to-late November.
With their share price breaking out above their 10 Day Moving Average, their next test ~1.7% higher when they encounter the 50 Day MA.
The 10 Day is close in tow, meaning that WH stock looks to have a lot of strong momentum backing it up in the near-term.
If the price can break out above the 50 Day, the next test of resistance looks to be at the $83.47/share level.
Wyndham Hotels & Resorts Inc. WH Stock As A Long-Term Investment
Long-term oriented investors may find WH stock to be a great fit for their portfolio.
WH stock’s P/E(ttm) is 41.3, with a P/B of 6.9.
Their Quarterly Revenue Growth (mrq) was 47.8%.
WH stock’s balance sheet looks a bit iffy, with only $193M in Total Cash (mrq) & Total Debt (mrq) of $2.13B.
They offer a Dividend Yield of 0.79%, which although low, looks to be safe as their current Payout Ratio is 32%.
96% of WH stock’s total share float is held by institutional investors.
Wyndham Hotels & Resorts Inc. WH Stock As A Short-Term Trade Using Options
Short-term oriented traders may find Wyndham’s stock appealing, particularly with its current rate of momentum.
I am looking at the options contracts with the 1/21 expiration date.
The $80 & $85 strike priced call contracts look appealing in terms of being in or at the money, but lack open interest.
There seems to be more bullish sentiment ahead, as the open interest for the $90 calls far outpaces the two aforementioned.
The puts have also very limited open interest, adding to that general bullish sentiment.
The $85 & $90 puts would be where I would be looking at.
Tying It All Together
Wyndham Hotels & Resorts Inc. stock has many appealing attributes that traders & investors may be interested in as an addition to their portfolios.
Investors may like their industry/sector exposure, particularly now if they are able to get in at a low price for the long-run while COVID measures still have not played themselves out yet.
Traders will like their current rate of momentum, although their options are lacking in open interest.
Overall, WH stock is worth taking a closer look at, regardless of your time frame & trading style.
*** I DO NOT OWN SHARES OF WH STOCK ***