Pebblebrook Hotel Stock Hits New 52-Week High (PEB)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Wednesday as it is currently trading at $22.57, above its previous 52-week high of $22.47 with 70,334 shares traded as of 10:15 a.m. ET. Average volume has been 304,200 shares over the past 30 days.
Pebblebrook Hotel has a market cap of $1.1 billion and is part of the
sector and
industry. Shares are up 15.6% year to date as of the close of trading on Tuesday.
Pebblebrook Hotel Trust, through Pebblebrook Hotel, L.P., operates as a real estate investment trust. The company acquires and invests primarily in hotel properties located in the United States.
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TheStreet Ratings rates Pebblebrook Hotel as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full
Pebblebrook Hotel Ratings Report
.
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