NEW YORK (
) is trading at unusually high volume Friday with 6.1 million shares changing hands. It is currently at four times its average daily volume and trading up 11 cents (+2.1%) at $5.34 as of 3:40 p.m. ET.
Sunstone Hotel Investors has a market cap of $609.7 million and is part of the
industry. Shares are down 49.4% year to date as of the close of trading on Thursday.
Sunstone Hotel Investors, Inc. operates as a real estate investment trust. The firm engages in the acquisition, ownership, asset management, renovation, and sale of luxury, upper upscale, and upscale full-service hotels in the United States. Its portfolio also includes mid-scale hotels. The company has a P/E ratio of 47.3, above the average real estate industry P/E ratio of 4.5 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Sunstone Hotel Investors as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally poor debt management and poor profit margins. You can view the full
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