Sotherly Hotels (NASDAQ:SOHOB) Stock Price Up 4.9% – Should You Buy?

Sotherly Hotels Inc. (NASDAQ:SOHOBGet Free Report) shares rose 4.9% on Friday . The company traded as high as $12.00 and last traded at $11.98. Approximately 6,011 shares were traded during mid-day trading, an increase of 127% from the average daily volume of 2,648 shares. The stock had previously closed at $11.42.

Sotherly Hotels Trading Up 4.9%

The stock’s fifty day moving average is $11.54 and its 200 day moving average is $14.52.

About Sotherly Hotels

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Sotherly Hotels Inc is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Sotherly may also opportunistically acquire hotels throughout the United States.

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