Summit Hotel Properties Inc (INN) is Trading Lower on Unusual Volume for January 18

Equities Staff  |

Summit Hotel Properties Inc (INN) experienced unusually high volume on Jan. 18, as the stock lost 4.8% to a closing price of $9.33. The stock saw 952,420 shares trade hands over the course of the day on 6,246 trades. Given that the stock’s average daily volume over the last month has been 526,949 shares a day, this represents a pretty substantial spike over the norm.

Summit Hotel Properties Inc has a P/B ratio of 1.04. It also has a P/E ratio of 28.3. The stock has traded between $14.61 and $9.16 over the last 52-weeks, its 50-day SMA is now $12.27, and its 200-day SMA $12.66.

Summit Hotel Properties Inc is a self-managed hotel investment company. The Company is engaged in acquiring and owning premium-branded select-service hotels in the upscale and upper midscale segments of the U.S. lodging industry.

Headquartered in Austin, TX, Summit Hotel Properties Inc has 39 employees and is currently under the leadership of CEO Daniel Hansen.

For a complete fundamental analysis analysis of Summit Hotel Properties Inc, check out’s Stock Valuation Analysis report for INN. To see the latest independent stock recommendations from’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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