Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
As of close of business last night, Summit Hotel Properties Inc’s stock clocked out at $6.02, down -3.99% from its previous closing price of $6.27. In other words, the price has decreased by -$3.99 from its previous closing price. On the day, 0.53 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 $6.02.
Ratios:
To gain a deeper understanding of INN’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.84. In the meantime, Its Debt-to-Equity ratio is 1.63 whereas as Long-Term Debt/Eq ratio is at 1.63.
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 651315840 and an Enterprise Value of 2559432192. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.88 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 3.45 whereas that against EBITDA is 10.898.
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 -5.10%, while the 200-Day Moving Average is calculated to be -2.94%.
Shares Statistics:
It appears that INN traded 757.25K shares on average per day over the past three months and 623600 shares per day over the past ten days. A total of 107.59M shares are outstanding, with a floating share count of 105.01M. Insiders hold about 2.94% of the company’s shares, while institutions hold 92.05% stake in the company. Shares short for INN as of 1713139200 were 6196934 with a Short Ratio of 8.18, compared to 1710460800 on 6742496. Therefore, it implies a Short% of Shares Outstanding of 6196934 and a Short% of Float of 11.3900006.
Dividends & Splits
With its trailing 12-month dividend rate of 0.24, INN has a forward annual dividend rate of 0.24. Against a Trailing Annual Dividend Yield of 0.03827751The stock’s 5-year Average Dividend Yield is 5.51.
