Chesapeake Lodging Trust (CHSP) was one of the Russell 2000's biggest losers for Wednesday January 13 as the stock slid 5.17% to $24.01, a loss of $-1.31 per share. Starting at an opening price of $25.32 a share, the stock traded between $23.73 and $25.32 over the course of the trading day. Volume was 233,899 shares over 2,703 trades, against an average daily volume of 395,534 shares and a total float of 59.66 million.
The losses send Chesapeake Lodging Trust down to a market cap of $1.43 billion. In the last year, Chesapeake Lodging Trust has traded between $39.05 and $23.96, and its 50-day SMA is currently $26.18 and 200-day SMA is $28.75.
The stock has a P/E Ratio of 29.1.
Chesapeake Lodging Trust is a self-advised real estate investment trust. The Company invests in upper-upscale hotels in business and convention markets and select-service hotels in urban settings in USA.
Chesapeake Lodging Trust is based out of Annapolis, MD and has some 13 employees. Its CEO is James L. Francis.
For a complete fundamental analysis analysis of Chesapeake Lodging Trust, check out Equities.com’s Stock Valuation Analysis report for CHSP. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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