NEW YORK ( TheStreet) -- Diamondrock Hospitality Company (NYSE: DRH) hit a new 52-week low Thursday as it is currently trading at $6.74, below its previous 52-week low of $6.86 with 38,806 shares traded as of 9:40 a.m. ET. Average volume has been 1.9 million shares over the past 30 days.

Diamondrock has a market cap of $1.2 billion and is part of the financial sector and real estate industry. Shares are down 38.1% year to date as of the close of trading on Wednesday.

DiamondRock Hospitality Company, a lodging focused real estate company, owns and operates premium hotels and resorts in North America. Its properties are located in New York City, Los Angeles, Chicago, Boston, and Atlanta; and in destination resort locations, such as the U.S.
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TheStreet Ratings rates Diamondrock as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow. You can view the full Diamondrock Ratings Report.

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