Service Properties Trust (NASDAQ:SVC) shares, rose in value on Thursday, January 02, with the stock price down by -1.18% to the previous day’s close as strong demand from buyers drove the stock to $2.51.
Actively observing the price movement in the last trading, the stock closed the session at $2.54, falling within a range of $2.44 and $2.59. The value of beta (5-year monthly) was 2.228. Referring to stock’s 52-week performance, its high was $8.65, and the low was $2.29. On the whole, SVC has fluctuated by -10.04% over the past month.
With the market capitalization of Service Properties Trust currently standing at about $418.29 million, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.61, with its dividend yield at 24.30%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SVC’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of SVC currently trading nearly -2.22% and -12.00% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.70, while the 7-day volatility ratio is showing 5.70% which for the 30-day chart, stands at 6.85%. Furthermore, Service Properties Trust (SVC)’s beta value is 2.19, and its average true range (ATR) is 0.17.
A comparison of Service Properties Trust (SVC) with its peers suggests the former has fared considerably weaker in the market. SVC showed an intraday change of -1.18% in last session, and over the past year, it shrunk by -70.61%%.
Data on historical trading for Service Properties Trust (NASDAQ:SVC) indicates that the trading volumes over the past 10 days have averaged 8.08 and over the past 3 months, they’ve averaged 3.51 million. According to company’s latest data on outstanding shares, there are 166.65 million shares outstanding.
Nearly 7.69% of Service Properties Trust’s shares belong to company insiders and institutional investors own 77.63% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 10.47 million shares as on 2024-12-13, resulting in a short ratio of 3.48. According to the data, the short interest in Service Properties Trust (SVC) stood at 988.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 7.24 million. The stock has fallen by -1.18% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SVC stock heading into the next quarter.
