Should You Buy Pebblebrook Hotel Trust (PEB) Stock on Friday?

The market has been down on Pebblebrook Hotel Trust (PEB) stock recently. PEB gets a Bearish score 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!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With PEB Stock Today?

Pebblebrook Hotel Trust (PEB) stock is trading at $23.03 as of 11:42 AM on Friday, Oct 1, a rise of $0.62, or 2.77% from the previous closing price of $22.41. The stock has traded between $22.53 and $23.10 so far today. Volume today is less active than usual. So far 361,931 shares have traded compared to average volume of 990,275 shares. To see InvestorsObserver's Sentiment Score for Pebblebrook Hotel Trust click here.

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.