Pebblebrook Hotel Trust (PEB) Shares are Up 0.04%

Pebblebrook Hotel Trust (PEB) : During the past 4 weeks, traders have been relatively bearish on Pebblebrook Hotel Trust (PEB), hence the stock is down -10.53% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.13% relative to the S&P 500. The stock has risen by 0.04% in the past week indicating that the buyers are active at lower levels, but the stock is down -11.01% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 1.25% and the 50-Day Moving Average is 6.83%.The 200 Day SMA reached 0.98%


Pebblebrook Hotel Trust (NYSE:PEB): After opening at $26.14, the stock dipped to an intraday low of $25.82 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $26.65 and the buying power remained strong till the end. The stock closed at $26.6 for the day, a gain of 2.31% for the day session. The total traded volume was 1,288,642. The stocks close on the previous trading day was $26.6.

Pebblebrook Hotel Trust (PEB) has been rated by 8 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $32 and the lowest price target forecast is $14. The average forecast of all the analysts is $27.25 and the expected standard deviation is $6.13.

Pebblebrook Hotel Trust is a hotel investment company. The Company operates as a real estate investment trust (REIT). The Company is engaged in acquiring and investing in hotel properties located primarily in cities of the United States. It owns interests in around 35 hotels, including 29 wholly owned hotels with a total of 6,948 guest rooms and a 49% joint venture interest in six hotels with a total of 1,775 guest rooms. The hotels are located in markets, including Atlanta (Buckhead), Georgia; Bethesda, Maryland; Boston, Massachusetts; Hollywood, California; Los Angeles, California; Miami, Florida; Minneapolis, Minnesota; Nashville, Tennessee; New York, New York; Philadelphia, Pennsylvania; Portland, Oregon; San Diego, California; San Francisco, California; Santa Monica, California; Seattle, Washington; Stevenson, Washington; Washington, D.C., and Westwood, California, among others. The Companys assets are held by, and the operations are conducted through Pebblebrook Hotel, L.P.

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