Shares of Diamond Resorts International, Inc. (NYSE:DRII) ended Thursday session in red amid volatile trading. The shares closed down 0.82 points or 4.47% at $17.51 with 1,476,715 shares getting traded. Post opening the session at $18.51, the shares hit an intraday low of $17.48 and an intraday high of $18.67 and the price vacillated in this range throughout the day. The company has a market cap of $1,255 million and the number of outstanding shares have been calculated to be 71,687,943 shares. The 52-week high of Diamond Resorts International, Inc. (NYSE:DRII) is $35.416 and the 52-week low is $18.19.
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Diamond Resorts International, Inc. (DRII) is engaged in the hospitality and vacation ownership industry. The Company operates in two segments: hospitality and management services, and Vacation Interest Sales and Financing. The Company has a network of approximately 333 vacation destinations located in 34 countries throughout the continental United States, Hawaii, Canada, Mexico, the Caribbean, Central America, South America, Europe, Asia, Australia, New Zealand and Africa. Its resort network includes approximately 93 resort properties with approximately 11,000 units that it manages and approximately 236 affiliated resorts and hotels and four cruise itineraries, which it does not manage and do not carry its brand, but are a part of its network and, through the Clubs, which are available for its members to use as vacation destinations. The Company offers Vacations for Life, which is a way to acquire a lifetime of vacations at destinations across the world.
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