Sunstone Hotel Investors Stock Hits New 52-Week Low (SHO)

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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TheStreet Ratings rates Sunstone Hotel Investors as a sell. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself, generally weak debt management and poor profit margins. You can view the full Sunstone Hotel Investors Ratings Report.

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