NEW YORK (
) is trading at unusually high volume Tuesday with 1.1 million shares changing hands. It is currently at four times its average daily volume and trading up $1.26 (+3%) at $42.96 as of 3:40 p.m. ET.
Hyatt Hotels has a market cap of $1.82 billion and is part of the
industry. Shares are up 10.8% year to date as of the close of trading on Monday.
Hyatt Hotels Corporation and its subsidiaries engage in the management, franchising, ownership, and development of Hyatt-branded hotels, resorts, and residential and vacation ownership properties worldwide. The company has a P/E ratio of 63.2, below the average leisure industry P/E ratio of 116.6 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Hyatt Hotels as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full
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