On a relative basis, the stock has outperformed the S&P 500 by 11.32% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.08% in the last 1 week, and is up 13.12% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 0.78% from its 1 Year high price. On Jul 21, 2015, the shares registered one year high at $30.11 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $26.88 and the 200 Day Moving Average price is recorded at $25.55.
The stock has recorded a 20-day Moving Average of 8.39% and the 50-Day Moving Average is 12.32%.
Hospitality Properites Trust (NYSE:HPT): stock turned positive on Friday. Though the stock opened at $29.41, the bulls momentum made the stock top out at $29.85 level for the day. The stock recorded a low of $29.3 and closed the trading day at $29.84, in the green by 1.98%. The total traded volume for the day was 1,220,073. The stock had closed at $29.26 in the previous days trading.
Hospitality Properties Trust (HPT) is a real estate investment trust (REIT). The Company operates in two segments: hotel real estate investments and travel center real estate investments. The Company owns approximately 291 hotels with 44,107 rooms or suites, and 184 travel centers. The Company does not operate its properties. Instead its properties are operated by other companies under long term management or lease agreements. The Company leased approximately 288 of its hotels are leased to its taxable REIT subsidiaries (TRSs) and managed by independent hotel operating companies and three hotels are leased to third parties. The Company also owns 184 travel centers, all of which it leases to TravelCenters of America LLC or its subsidiaries pursuant to long term leases. The Companys properties are located in 44 states in the United States, Canada and Puerto Rico.