Sotherly Hotels Inc. (NASDAQ:SOHOB – Get Free Report) dropped 0.6% during mid-day trading on Tuesday . The company traded as low as $17.17 and last traded at $17.06. Approximately 1,703 shares traded hands during trading, a decline of 20% from the average daily volume of 2,119 shares. The stock had previously closed at $17.16.
Sotherly Hotels Stock Performance
The firm’s fifty day moving average is $17.25 and its 200 day moving average is $17.94.
About Sotherly Hotels
Sotherly Hotels Inc is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Sotherly may also opportunistically acquire hotels throughout the United States.
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