Sunstone Hotel Investors and Three Additional Financial Stocks on Our Research Desk's Radar
Stock Research Monitor: RLJ, XHR, and EXR
LONDON, UK / ACCESSWIRE / June 28, 2018 / If you want a free Stock Review on SHO sign up now at www.wallstequities.com/registration. On Wednesday, June 27, 2018, the NASDAQ Composite ended the trading session at 7,445.09, down 1.54%; the Dow Jones Industrial Average edged 0.68% lower, to finish at 24,117.59; and the S&P 500 closed at 2,699.63, slightly dropping 0.86%. Losses were broad based as eight out of nine sectors ended the day in negative. This Thursday, WallStEquities.com has initiated reports coverage on the following Financial equities: RLJ Lodging Trust (NYSE: RLJ), Sunstone Hotel Investors Inc. (NYSE: SHO), Xenia Hotels & Resorts Inc. (NYSE: XHR), and Extra Space Storage Inc. (NYSE: EXR). All you have to do is sign up today for this free limited time offer by clicking the link below.
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RLJ Lodging Trust
RLJ Lodging Trust's stock finished Wednesday's session 0.18% lower at $22.26 with a total trading volume of 771,050 shares. The Company's shares have advanced 14.15% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 1.39% and 3.29%, respectively. Additionally, shares of the Company, which focuses on acquiring premium-branded, focused-service and compact full-service hotels, have a Relative Strength Index (RSI) of 47.44. Get the full research report on RLJ for free by clicking below at:
www.wallstequities.com/registration/?symbol=RLJ
Sunstone Hotel Investors
On Wednesday, shares in Sunstone Hotel Investors Inc. recorded a trading volume of 1.77 million shares. The stock ended the session 1.07% lower at $16.62. The Company's shares have advanced 9.34% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 0.62% and 2.91%, respectively. Moreover, shares of the Company, which as of May 07, 2018 has interests in 25 hotels comprised of 12,450 rooms, have an RSI of 48.67.
On May 31st, 2018, research firm Jefferies initiated a 'Hold' rating on the Company's stock, with a target price of $17 per share. Free research on SHO can be accessed at:
www.wallstequities.com/registration/?symbol=SHO
Xenia Hotels & Resorts
Xenia Hotels & Resorts Inc.'s shares closed the day 0.49% lower at $24.60. The stock recorded a trading volume of 574,596 shares. The Company's shares have gained 23.93% over the previous three months and 23.87% over the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 5.43% and 13.56%, respectively. Additionally, shares of the Company, which invests primarily in premium full service and lifestyle hotels, with a focus on the top 25 US lodging markets as well as key leisure destinations in the US, have an RSI of 56.57.
On June 08th, 2018, research firm B. Riley FBR, Inc. downgraded the Company's stock rating from 'Buy' to 'Neutral' while revising its previous target price from $26 a share to $24 a share. Sign up today for the free research report on XHR at:
www.wallstequities.com/registration/?symbol=XHR
Extra Space Storage
Shares in Salt Lake City, Utah headquartered Extra Space Storage Inc. finished 1.30% lower at $99.65. The stock recorded a trading volume of 952,315 shares, which is above its three months average volume of 902.96 thousand shares. The Company's shares have advanced 14.07% in the previous three months and 27.25% over the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 5.96% and 15.29%, respectively. Furthermore, shares of the Company, which stores comprise approximately 1,050,000 units and approximately 115 million square feet of rentable space, have an RSI of 63.07. Wall St. Equities' research coverage also includes the downloadable free report on EXR at:
www.wallstequities.com/registration/?symbol=EXR
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