Hersha Hospitality Trust (HT) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Hersha Hospitality Trust (HT) experienced unusually high volume on Dec. 21, as the stock lost 2.52% to a closing price of $22.02. The stock saw 1.24 million shares trade hands over the course of the day on 6,137 trades. Given that the stock’s average daily volume over the last month has been 432,919 shares a day, this represents a pretty substantial spike over the norm.

Hersha Hospitality Trust has a P/B ratio of 1.4. It also has a P/E ratio of 47.9. The stock has traded between $29.20 and $21.47 over the last 52-weeks, its 50-day SMA is now $23.85, and its 200-day SMA $24.89.

Hersha Hospitality Trust is a self-advised Maryland real estate investment trust. It invests in institutional hotels in urban markets including New York, Washington DC, and South Florida. Its portfolio consists of approximately 46 full service properties.

Headquartered in Harrisburg, PA, Hersha Hospitality Trust has 48 employees and is currently under the leadership of CEO Jay H. Shah.

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


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

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