Sotherly Hotels Inc (SOHO) – Don’t Be So Quick to Call it Dead

Sotherly Hotels Inc (NASDAQ: SOHO) is 11.66% higher on its value in year-to-date trading and has touched a low of $0.59 and a high of $1.54 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SOHO stock was last observed hovering at around $0.95 in the last trading session, with the day’s gains setting it 0.09%.

Currently trading at $1.04, the stock is 24.89% and 34.89% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing 10.04% at the moment leaves the stock 10.58% off its SMA200. SOHO registered -13.33% loss for a year compared to 6-month loss of -0.20%.

The stock witnessed a 33.50% gain in the last 1 month and extending the period to 3 months gives it a 31.65%, and is 20.93% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.61% over the week and 4.26% over the month.

Sotherly Hotels Inc (SOHO) has around 9 employees, a market worth around $42.72M and $183.66M in sales. Profit margin for the company is -1.83%. Distance from 52-week low is 75.62% and -32.33% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.13%).

The shares outstanding are 20.06M, and float is at 13.88M with Short Float at 0.06%.

The top institutional shareholder in the company is GATOR CAPITAL MANAGEMENT, LLC with over 0.95 million shares valued at $1.1 million. The investor’s holdings represent 4.9137 of the SOHO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 0.68 million shares valued at $0.78 million to account for 3.4782 of the shares outstanding. The other top investors are BARD ASSOCIATES INC which holds 0.49 million shares representing 2.5382 and valued at over $0.57 million, while SPC FINANCIAL, INC. holds 2.0868 of the shares totaling 0.41 million with a market value of $0.47 million.

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