Chatham Lodging Trust CLDT was a big mover last session, as its shares rose over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend for the company, as the stock is now trading above the volatile price range of $20.21 to $20.89 in the past one-month timeframe.
In the last 30 days, the company witnessed one negative estimate revision and the Zacks Consensus Estimate also moved lower, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if Friday's move higher lasts.
Chatham Lodging currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Better-ranked REIT stocks include The GEO Group, Inc. GEO, Sotherly Hotels Inc. SOHO and BioMed Realty Trust Inc. BMR. While GEO Group and Sotherly Hotels sport a Zacks Rank #1 (Strong Buy), BioMed Realty carries a Zacks Rank #2 (Buy).
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BIOMED RLTY TR BMR: Free Stock Analysis Report
CHATHAM LODGING CLDT: Free Stock Analysis Report
GEO GRP INC/THE GEO: Free Stock Analysis Report
SOTHERLY HOTELS SOHO: Get Free Report
To read this article on Zacks.com click here.
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Chatham Lodging currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Better-ranked REIT stocks include The GEO Group, Inc. GEO, Sotherly Hotels Inc. SOHO and BioMed Realty Trust Inc. BMR. While GEO Group and Sotherly Hotels sport a Zacks Rank #1 (Strong Buy), BioMed Realty carries a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
BIOMED RLTY TR BMR: Free Stock Analysis Report
CHATHAM LODGING CLDT: Free Stock Analysis Report
GEO GRP INC/THE GEO: Free Stock Analysis Report
SOTHERLY HOTELS SOHO: Get Free Report
To read this article on Zacks.com click here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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