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Where Will Sunstone Hotel Investors Inc (SHO) Stock Go Next After It Is Down 1.34% in a Week?

Monday, March 18, 2024 02:06 PM | InvestorsObserver Analysts

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Where Will Sunstone Hotel Investors Inc (SHO) Stock Go Next After It Is Down 1.34% in a Week?

Overall market sentiment has been down on Sunstone Hotel Investors Inc (SHO) stock lately. SHO receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
Sunstone Hotel Investors Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on SHO!

What is Stock Sentiment?

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. 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 SHO Stock Today?

Sunstone Hotel Investors Inc (SHO) stock is trading at $11.06 as of 1:41 PM on Monday, Mar 18, a gain of $0.06, or 0.55% from the previous closing price of $11.00. The stock has traded between $10.99 and $11.11 so far today. Volume today is below average. So far 378,456 shares have traded compared to average volume of 2,059,873 shares.

More About Sunstone Hotel Investors Inc

Sunstone Hotel Investors Inc is a real estate investment trust that acquires, owns, manages, and renovates the full-service hotel and select-service hotel properties across various states in the United States. The firm's portfolio consists primarily of urban, upper-upscale hotels. The vast majority of these hotels are managed under Marriott, Hilton, Fairmont, and Sheraton brands. Regionally, the company's assets are located in its California, Other West, Midwest, and East geographical segments within the U.S. The majority of the company's revenue is derived from its Eastern operations, closely followed by its Californian operations. Sunstone's sole source of income is hotel revenue from its hotel ownership segment. Click Here to get the full Stock Report for Sunstone Hotel Investors Inc stock.

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