Overall market sentiment has been down on Pebblebrook Hotel Trust (PEB) stock lately. PEB receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
Pebblebrook Hotel Trust has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on PEB!
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With PEB Stock Today?
Pebblebrook Hotel Trust (PEB) stock is trading at $21.68 as of 10:44 AM on Monday, Dec 6, a rise of $1.02, or 4.94% from the previous closing price of $20.66. The stock has traded between $20.83 and $21.79 so far today. Volume today is low. So far 199,799 shares have traded compared to average volume of 1,264,556 shares.
More About Pebblebrook Hotel Trust
Pebblebrook Hotel Trust currently owns upper-upscale and luxury hotels with 13,235 rooms across 53 hotels in the United States. Pebblebrook acquired LaSalle Hotel Properties, which owned 10,451 rooms across 41 U.S. hotels, in December 2018, the company current Pebblebrook CEO founded in 1998, though management has sold many of those hotels over the past few years. Pebblebrook's portfolio consists mostly of independent hotels with no brand affiliations, though the combined company does own and operate some hotels under Marriott, Starwood, InterContinental, Hilton, and Hyatt brands.
Click Here to get the full Stock Report for Pebblebrook Hotel Trust stock.
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