Investors Are Waking Up To Pebblebrook Hotel Trust (NYSE: PEB) After Rising 7.68% Over The Past 12 Months

Pebblebrook Hotel Trust (NYSE:PEB) currently has a daily average trading volume of 1.50M but it saw 3493598 shares traded in last market. With a market cap of 1.81B USD, the company’s current market price of $15.00 came falling about -3.85 while comparing to the previous closing price of $15.60. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.65 and as low as $11.39.

Taking a look at 20-day trading activity of Pebblebrook Hotel Trust (PEB) gives us an average price of $15.21, while its current price level is -9.91% below from 52-week high level whereas it is 31.75% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $15.64 while that of 200 days or SMA-200 reads an average of $14.53. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.11% during that period while stretching the period over a month that decreases to 3.22%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 46.01 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Compass Point which downgraded the stock as “Neutral” in its note to investors issued on March 28, 2024, recommending a price target of $17 for it. BofA Securities downgraded its recommendation for the stock as a “Underperform” from “Neutral” on January 08, 2024 while assigning a price target of $13.50. Wedbush issued its recommendations for the stock as it initiated the price target for the stock is $14.

Over the week, PEB’s stock price is moving 4.53% up while it is -2.28% when we observe its performance for the past one month. Year-to-date it is -6.13% down and over the past year, the stock is showing an upside performance of 7.68%.

Currently, Pebblebrook Hotel Trust’s total number of outstanding shares is 120.19M. Company’s return on investment (ROI) stands at -2.26% and return on equity (ROE) at -2.97%. Stock’s beta reads 1.82. Stock has a price to book (P/B) ratio of 0.66 while price to sale or P/S ratio amounts to 1.27. Its return on asset (ROA) is -1.42% on average.