Pebblebrook Hotel Trust (NYSE:PEB) shares, rose in value on Friday, January 03, with the stock price up by 1.36% to the previous day’s close as strong demand from buyers drove the stock to $13.45.
Actively observing the price movement in the last trading, the stock closed the session at $13.27, falling within a range of $13.155 and $13.465. The value of beta (5-year monthly) was 1.85. Referring to stock’s 52-week performance, its high was $16.65, and the low was $11.65. On the whole, PEB has fluctuated by -8.69% over the past month.
With the market capitalization of Pebblebrook Hotel Trust currently standing at about $1.61 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.04, with its dividend yield at 0.30%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PEB’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the price of PEB currently trading nearly -4.22% and 0.74% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.94, while the 7-day volatility ratio is showing 2.48% which for the 30-day chart, stands at 2.82%. Furthermore, Pebblebrook Hotel Trust (PEB)’s beta value is 1.85, and its average true range (ATR) is 0.40.
A comparison of Pebblebrook Hotel Trust (PEB) with its peers suggests the former has fared considerably weaker in the market. PEB showed an intraday change of 1.36% in last session, and over the past year, it shrunk by -12.49%%.
Data on historical trading for Pebblebrook Hotel Trust (NYSE:PEB) indicates that the trading volumes over the past 10 days have averaged 1.61 and over the past 3 months, they’ve averaged 1.70 million. According to company’s latest data on outstanding shares, there are 119.29 million shares outstanding.
Nearly 2.09% of Pebblebrook Hotel Trust’s shares belong to company insiders and institutional investors own 120.43% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 19.29 million shares as on 2024-12-13, resulting in a short ratio of 11.48. According to the data, the short interest in Pebblebrook Hotel Trust (PEB) stood at 2552.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 15.99 million. The stock has fallen by -0.74% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PEB stock heading into the next quarter.
