Sunstone Hotel Investors (SHO) : During the past 4 weeks, traders have been relatively bearish on Sunstone Hotel Investors (SHO), hence the stock is down -5.17% 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 -2.08% relative to the S&P 500. The 4-week change in the price of the stock is -5.68% and the stock has fallen -1.92% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.61% and the 50-Day Moving Average is 2.93%.The 200 Day SMA reached 2.01%
Sunstone Hotel Investors (NYSE:SHO): After opening at $12.73, the stock dipped to an intraday low of $12.55 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $12.85 and the buying power remained strong till the end. The stock closed at $12.79 for the day, a gain of 1.03% for the day session. The total traded volume was 2,469,915. The stocks close on the previous trading day was $12.79.
Sunstone Hotel Investors (SHO) : The consensus price target for Sunstone Hotel Investors (SHO) is $14.05 for the short term with a standard deviation of $1.46. The most optimist securities analyst among the 11 who monitor the stock believes that the stock can reach $16, however, the pessimist price target for the company is $11.
Sunstone Hotel Investors, Inc. is a self-managed and self-administered real estate investment trust (REIT). The Companys business is to acquire, own, asset manage and renovate full-service hotel and select focus-service hotel properties in the United States. The Company holds interests in approximately 30 hotels, which include around 14,303 rooms, located in 13 states and in Washington, DC. The hotels are operated under the brands, including Marriott, Hilton, Hyatt, Fairmont and Sheraton, among others. Its portfolio includes upper upscale hotels in the United States. Its 30 hotels include around 27 upper upscale, two luxury and one upscale hotel. The Companys property portfolio includes Boston Park Plaza, Courtyard by Marriott Los Angeles, Doubletree Guest Suites Times Square, Embassy Suites Chicago, Embassy Suites La Jolla, Fairmont Newport Beach Marriott Houston, Marriott Wailea, Marriott Park City, Renaissance Harborplace and Renaissance Los Angeles Airport, among others.