LaSalle Hotel Properties (LHO) is Trading Lower on Unusual Volume for January 01

Equities Staff |

LaSalle Hotel Properties (LHO) experienced unusually high volume on Jan. 01, as the stock lost 2.33% to a closing price of $25.16. The stock saw 2.29 million shares trade hands over the course of the day on 14,903 trades. Given that the stock’s average daily volume over the last month has been 1.42 million shares a day, this represents a pretty substantial spike over the norm.

LaSalle Hotel Properties has a P/B ratio of 1.19. It also has a P/E ratio of 23.1. The stock has traded between $43.56 and $24.91 over the last 52-weeks, its 50-day SMA is now $27.39, and its 200-day SMA $31.94.

LaSalle Hotel Properties is a real estate investment trust. The Company's business includes buying, owing, redeveloping & leasing mainly upscale & luxury full-service hotels located in convention, resort & urban business markets.

Headquartered in Bethesda, MD, LaSalle Hotel Properties has 35 employees and is currently under the leadership of CEO Michael D. Barnello.

For a complete fundamental analysis analysis of LaSalle Hotel Properties, check out’s Stock Valuation Analysis report for LHO. To see the latest independent stock recommendations from’s analysts, visit our Research section.


The Russell 3000 is not well known outside the world of finance, but it’s one of the strongest indices out there for getting a broad sense of the stock market. Unlike the better-known Dow Jones Industrial Average or S&P 500, membership on the Russell 3000 isn’t selected by committee. It’s simply the 3,000 most valuable companies in the country.

With 3,000 stocks making up the index, it gives a broad look at the markets, including the small-and mid-cap companies that aren’t on the Dow or the S&P 500. And with a rules-based system for determining membership, there’s no bias that could potentially limit membership. That’s why many financial professionals will turn to the Russell 3000 long before the better-known indices when trying to take the temperature of the market.

For more news on the financial markets, go to 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.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


Emerging Growth

Digital Power Corporation

Digital Power Corp is engaged in the design, manufacture and sale of switching power supplies and converters. The Company has two reportable geographic segments - North America and Europe.

Private Markets


The spark hit Jamie when he saw co-workers competing to lose weight. Instead of pizzas and subs, they were eating salads and jogging along the river. Some were sneakily leaving…

Initial State

Initial State is an Internet of Things (IoT) data analytics & data management platform company. We turn sensor and event data into information that matters by making it easy to…