On Monday, Summit Hotel Properties Inc (NYSE: INN) was 3.94% up from the session before settling in for the closing price of $4.57. A 52-week range for INN has been $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
A company in the Real Estate sector has jumped its sales by 5.90% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -100.00%. With a float of $106.03 million, this company’s outstanding shares have now reached $112.22 million.
In an organization with 85 employees, it is important to assess its efficiency. 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 and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Summit Hotel Properties Inc stocks. The insider ownership of Summit Hotel Properties Inc is 5.52%, while institutional ownership is 89.64%. 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) Latest Financial update
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
You can see what Summit Hotel Properties Inc (INN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.23. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.84. Likewise, its price to free cash flow for the trailing twelve months is 7.89.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 2.82 million. That was better than the volume of 1.05 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 75.90%. Additionally, its Average True Range was 0.19.
During the past 100 days, Summit Hotel Properties Inc’s (INN) raw stochastic average was set at 34.81%, which indicates a significant decrease from 87.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.91% in the past 14 days, which was lower than the 56.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.25, while its 200-day Moving Average is $5.91. However, in the short run, Summit Hotel Properties Inc’s stock first resistance to watch stands at $4.82. Second resistance stands at $4.88. The third major resistance level sits at $4.99. If the price goes on to break the first support level at $4.64, it is likely to go to the next support level at $4.53. The third support level lies at $4.47 if the price breaches the second support level.
Summit Hotel Properties Inc (NYSE: INN) Key Stats
There are 112,221K outstanding shares of the company, which has a market capitalization of 608.74 million. As of now, sales total 731,780 K while income totals 41,020 K. Its latest quarter income was 184,480 K while its last quarter net income were -710 K.
