Chatham Lodging Trust (CLDT) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Chatham Lodging Trust (CLDT) experienced unusually high volume on Dec. 21, as the stock lost 2.53% to a closing price of $20.40. The stock saw 295,129 shares trade hands over the course of the day on 1,478 trades. Given that the stock’s average daily volume over the last month has been 169,178 shares a day, this represents a pretty substantial spike over the norm.

Chatham Lodging Trust has a P/B ratio of 1.11. It also has a P/E ratio of 55.1. The stock has traded between $31.60 and $20.30 over the last 52-weeks, its 50-day SMA is now $22.49, and its 200-day SMA $25.13.

Chatham Lodging Trust is an internally-managed real estate investment trust. The Company is organized to invest in premium-branded upscale extended-stay and select-service hotels.

Headquartered in Palm Beach, FL, Chatham Lodging Trust has 45 employees and is currently under the leadership of CEO Jeffrey H. Fisher.

For a complete fundamental analysis analysis of Chatham Lodging Trust, check out Equities.com’s Stock Valuation Analysis report for CLDT. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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