Sotherly Hotels (NASDAQ:SOHON) Trading Down 1.1% – Here’s What Happened

Sotherly Hotels Inc. (NASDAQ:SOHONGet Free Report)’s share price was down 1.1% on Friday . The company traded as low as $15.06 and last traded at $15.1750. Approximately 1,264 shares changed hands during mid-day trading, a decline of 64% from the average daily volume of 3,524 shares. The stock had previously closed at $15.34.

Sotherly Hotels Price Performance

The firm has a 50-day moving average of $14.24 and a 200 day moving average of $14.51.

Sotherly Hotels Company Profile

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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.

Further Reading

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