Summit Hotel Properties Inc (NYSE: INN) kicked off on Monday, up 5.81% from the previous trading day, before settling in for the closing price of $4.30. Over the past 52 weeks, INN has traded in a range of $3.57-$7.22.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Real Estate sector company grew by 5.90% over the past five years. While this was happening, its average annual earnings per share was recorded -100.00%. With a float of $106.03 million, this company’s outstanding shares have now reached $112.22 million.
Let’s look at the performance matrix of the company that is accounted for 85 employees. In terms of profitability, gross margin is 25.21%, operating margin of 9.82%, and the pretax margin is 3.91%.
Summit Hotel Properties Inc (INN) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the REIT – Hotel & Motel Industry. The insider ownership of Summit Hotel Properties Inc is 5.52%, while institutional ownership is 89.62%. The most recent insider transaction that took place on May 13 ’25, was worth 75,167. In this transaction Director of this company bought 16,270 shares at a rate of $4.62, taking the stock ownership to the 231,337 shares. Before that another transaction happened on Mar 10 ’25, when Company’s 10% Owner sold 21,207 for $6.38, making the entire transaction worth $135,301. This insider now owns 1,578,793 shares in total.
Summit Hotel Properties Inc (INN) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -100.00% per share during the next fiscal year.
Summit Hotel Properties Inc (NYSE: INN) Trading Performance Indicators
Take a look at Summit Hotel Properties Inc’s (INN) current performance indicators. Last quarter, stock had a quick ratio of 0.23. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.80. Likewise, its price to free cash flow for the trailing twelve months is 7.56.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.12, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach -0.18 in one year’s time.
Technical Analysis of Summit Hotel Properties Inc (INN)
Summit Hotel Properties Inc (NYSE: INN) saw its 5-day average volume 1.54 million, a positive change from its year-to-date volume of 0.97 million. As of the previous 9 days, the stock’s Stochastic %D was 59.15%. Additionally, its Average True Range was 0.20.
During the past 100 days, Summit Hotel Properties Inc’s (INN) raw stochastic average was set at 28.91%, which indicates a significant decrease from 97.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.62% in the past 14 days, which was lower than the 56.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.30, while its 200-day Moving Average is $5.97. Nevertheless, the first resistance level for the watch stands at $4.67 in the near term. At $4.79, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.01. If the price goes on to break the first support level at $4.33, it is likely to go to the next support level at $4.11. Assuming the price breaks the second support level, the third support level stands at $3.99.
Summit Hotel Properties Inc (NYSE: INN) Key Stats
The company with the Market Capitalisation of 583.10 million has total of 112,221K Shares Outstanding. Its annual sales at the moment are 731,780 K in contrast with the sum of 41,020 K annual income. Company’s last quarter sales were recorded 184,480 K and last quarter income was -710 K.
