Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
Summit Hotel Properties Inc (NYSE: INN) closed the day trading at $6.07 down -3.19% from the previous closing price of $6.27. In other words, the price has decreased by -$3.19 from its previous closing price. On the day, 0.55 million shares were traded. INN stock price reached its highest trading level at $6.25 during the session, while it also had its lowest trading level at $6.06.
Ratios:
For a better understanding of INN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.19. In the meantime, Its Debt-to-Equity ratio is 1.60 whereas as Long-Term Debt/Eq ratio is at 1.58.
On January 12, 2023, Robert W. Baird Downgraded its rating to Neutral which previously was Outperform but kept the price unchanged to $8.
CapitalOne Downgraded its Overweight to Equal Weight on September 15, 2022, whereas the target price for the stock was revised from $14 to $10.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INN now has a Market Capitalization of 653089536 and an Enterprise Value of 2543411712. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.89 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 3.455 whereas that against EBITDA is 11.069.
Stock Price History:
Over the past 52 weeks, INN has reached a high of $7.26, while it has fallen to a 52-week low of $5.31. The 50-Day Moving Average of the stock is -5.29%, while the 200-Day Moving Average is calculated to be -2.37%.
Shares Statistics:
Over the past 3-months, INN traded about 749.02K shares per day on average, while over the past 10 days, INN traded about 623740 shares per day. A total of 107.59M shares are outstanding, with a floating share count of 104.43M. Insiders hold about 2.94% of the company’s shares, while institutions hold 92.43% stake in the company. Shares short for INN as of 1713139200 were 6196934 with a Short Ratio of 8.27, compared to 1710460800 on 6742496. Therefore, it implies a Short% of Shares Outstanding of 6196934 and a Short% of Float of 11.5200005.
Dividends & Splits
INN’s forward annual dividend rate is 0.24, up from 0.22 a year ago. Against a Trailing Annual Dividend Yield of 0.03508772The stock’s 5-year Average Dividend Yield is 5.51.
