NEW YORK ( TheStreet) -- Sunstone Hotel Investors (NYSE: SHO) hit a new 52-week low Tuesday as it is currently trading at $4.94, below its previous 52-week low of $4.98 with 36,372 shares traded as of 9:36 a.m. ET. Average volume has been 2.6 million shares over the past 30 days. Sunstone Hotel Investors has a market cap of $667.1 million and is part of the financial sector and real estate industry. Shares are down 50.9% year to date as of the close of trading on Monday. 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 51.7, above the average real estate industry P/E ratio of 4.9 and above the S&P 500 P/E ratio of 17.7.
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