LONDON, March 24, 2014 /PRNewswire/ --
The trading session on Friday, March 21,
2014 ended on a negative note as the Dow Jones Industrial
Average finished at 16,302.77, down 0.17% and the NASDAQ Composite
closed at 4,276.79, down 0.98%. The S&P 500 finished the
session 0.29% lower at 1,866.52. Four out of ten sectors ended the
session in negative. The S&P 500 Financials Sector Index
finished the day at 302.29, up 0.01% and the same has advanced
3.83% in the last one month. Investor-Edge has initiated coverage
on the following equities: Hersha Hospitality Trust (NYSE: HT),
Sunstone Hotel Investors Inc. (NYSE: SHO), DiamondRock Hospitality
Co. (NYSE: DRH), and Strategic Hotels & Resorts Inc. (NYSE:
BEE). Free technical research on HT, SHO, DRH, and BEE can be
downloaded upon signing up at:
http://www.investor-edge.com/433-register
On Friday, shares in Hersha Hospitality Trust finished the session
at the previous day's closing price of $5.80. The stock recorded trading volume of 4.46
million shares as compared to a three months average volume of 2.10
million shares. The stock fluctuated between $5.74 and $5.82 during the session. Shares of the
company traded at a PE ratio of 625.07. Hersha Hospitality Trust's
stock has fallen by 2.03% in the previous three trading sessions,
while the same has gained 9.85% in the last one month and 4.13% on
YTD basis. The stock is trading above its 50-day and 200-day moving
averages. Hersha Hospitality Trust's 200-day moving average of
$5.61 is trading above the 50-day
moving average of $5.57. Moreover,
the stock is trading at a Relative Strength Index (RSI) of 56.62.
Sign up today to read free research on HT at:
http://www.investor-edge.com/433-HT-24Mar2014.pdf
Shares in Sunstone Hotel Investors Inc. reported a trading volume
of 3.64 million shares, as compared with a three months average
volume of 1.69 million shares. The stock ended the day at
$14.00, up 2.19% and at an intraday
range of $13.73 and $14.00. Sunstone Hotel Investors Inc.'s shares
have advanced 4.87% in the last one month, 3.93% in the previous
three months, and 4.48% on YTD basis. The stock is trading above
its 50-day and 200-day moving averages. Sunstone Hotel Investors
Inc.'s 50-day moving average of $13.32 is trading above the 200-day moving
average of $12.96. Furthermore, the
stock is trading at an RSI of 62.43. Sign up today to read free
research on SHO at:
http://www.investor-edge.com/433-SHO-24Mar2014.pdf
On Friday, shares in DiamondRock Hospitality Co. gained 2.18% to
close at $12.20. A total of 2.61
million shares were traded, which is above the three months average
volume of 1.88 million. The stock oscillated between $11.99 and $12.24 during the trading session.
Shares of the company traded at a PE ratio of 84.39. DiamondRock
Hospitality Co.'s shares have fallen by 2.71% in the previous three
trading sessions and 1.69% in the last one month, while the same
has gained 5.63% on YTD basis. The stock is trading above its
50-day and 200-day moving averages. DiamondRock Hospitality Co.'s
50-day moving average of $11.99 is
trading above the 200-day moving average of $10.90. Furthermore, the stock is trading at an
RSI of 49.58. Sign up today to read free research on DRH at:
http://www.investor-edge.com/433-DRH-24Mar2014.pdf
Shares in Strategic Hotels & Resorts Inc. recorded a trading
volume of 3.43 million shares, as compared with a three months
average volume of 1.22 million shares. The stock ended the day at
$10.32, up 0.19% after vacillating
between $10.30 and $10.43. Strategic
Hotels & Resorts Inc.'s shares have fallen by 1.15% in the
previous three trading sessions, but they have advanced 7.17% in
the last one month and 9.21% on YTD basis. Further, the company's
stock is trading above its 50-day and 200-day moving averages.
Strategic Hotels & Resorts Inc.'s 50-day moving average of
$9.72 is trading above the 200-day
moving average of $9.01.
Additionally, shares of the company are trading at an RSI of 61.84.
Sign up today to read free research on BEE at:
http://www.investor-edge.com/433-BEE-24Mar2014.pdf
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