Sotherly Hotels (NASDAQ:SOHOB) Trading Down 0.7% – Time to Sell?

Sotherly Hotels Inc. (NASDAQ:SOHOBGet Free Report) shares fell 0.7% during mid-day trading on Tuesday . The stock traded as low as $16.98 and last traded at $16.99. 24,492 shares were traded during trading, an increase of 422% from the average session volume of 4,692 shares. The stock had previously closed at $17.11.

Sotherly Hotels Stock Performance

The firm has a 50 day moving average price of $13.20 and a 200-day moving average price of $14.55.

Sotherly Hotels Company Profile

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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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