Host Hotels & Resorts Inc. (HST) Moves Higher on Volume Spike for February 12

Equities Staff  |

Host Hotels & Resorts Inc. (HST) traded on unusually high volume on Feb. 12, as the stock gained 0.45% to close at $17.98. On the day, Host Hotels & Resorts Inc. saw 10.73 million shares trade hands on 41,472 trades. Considering that the stock averages only a daily volume of 6.94 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $22.47 and $15.94 over the last 52-weeks, its 50-day SMA is now $17.61, and its 200-day SMA $19.45. Host Hotels & Resorts Inc. has a P/B ratio of 1.82. It also has a P/E ratio of 15.4.

Host Hotels & Resorts owns nearly 100 predominantly urban and resort upper upscale and luxury hotel properties representing almost 55,000 rooms, mainly in the United States. Host also has interests in a joint venture owning 10 hotels throughout Europe and other joint ventures for properties in Asia and the United States. The majority of Host's portfolio operates under the Marriott and Starwood brands.

Headquartered in Bethesda, MD, Host Hotels & Resorts Inc. has 205 employees and is currently under the leadership of CEO James F. Risoleo.

For a complete fundamental analysis analysis of Host Hotels & Resorts Inc., check out Equities.com’s Stock Valuation Analysis report for HST.

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To get more information on Host Hotels & Resorts Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: HST’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

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



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