Summit Hotel Properties Stock Price History
| INN Stock | USD 6.13 0.06 0.99% |
Below is the normalized historical share price chart for Summit Hotel Properties extending back to February 09, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Summit Hotel stands at 6.13, as last reported on the 27th of April, with the highest price reaching 6.18 and the lowest price hitting 6.08 during the day.
If you're considering investing in Summit Stock, it is important to understand the factors that can impact its price. Summit Hotel Properties owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0612, which indicates the firm had a -0.0612% return per unit of risk over the last 3 months. Summit Hotel Properties exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Summit Hotel's Coefficient Of Variation of (1,848), variance of 3.33, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
At this time, Summit Hotel's Common Stock Shares Outstanding is very stable compared to the past year. As of the 27th of April 2024, Capital Stock is likely to grow to about 1.3 M, while Total Stockholder Equity is likely to drop about 776.1 M. . At this time, Summit Hotel's Price Earnings To Growth Ratio is very stable compared to the past year. As of the 27th of April 2024, Price To Free Cash Flows Ratio is likely to grow to 16.89, while Price To Sales Ratio is likely to drop 0.92. Summit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 9th of February 2011 | 200 Day MA 6.2171 | 50 Day MA 6.4092 | Beta 1.96 |
Summit |
Sharpe Ratio = -0.0612
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | INN |
Estimated Market Risk
| 1.84 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Summit Hotel is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Summit Hotel by adding Summit Hotel to a well-diversified portfolio.
Price Book 0.7676 | Enterprise Value Ebitda 9.9722 | Price Sales 0.95 | Shares Float 104.4 M | Dividend Share 0.22 |
Summit Hotel Stock Price History Chart
There are several ways to analyze Summit Stock price data. The simplest method is using a basic Summit candlestick price chart, which shows Summit Hotel price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
| Highest Price | February 22, 2024 | 6.68 |
| Lowest Price | April 25, 2024 | 6.07 |
Summit Hotel April 27, 2024 Stock Price Synopsis
Various analyses of Summit Hotel's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Summit Stock. It can be used to describe the percentage change in the price of Summit Hotel from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Summit Stock.| Summit Hotel Price Rate Of Daily Change | 1.01 | |
| Summit Hotel Price Action Indicator | 0.03 | |
| Summit Hotel Price Daily Balance Of Power | 0.60 | |
| Summit Hotel Accumulation Distribution | 6,923 |
Summit Hotel April 27, 2024 Stock Price Analysis
Summit Stock Price History Data
The price series of Summit Hotel for the period between Sun, Jan 28, 2024 and Sat, Apr 27, 2024 has a statistical range of 0.63 with a coefficient of variation of 2.25. Under current investment horizon, the daily prices are spread out with arithmetic mean of 6.43. The median price for the last 90 days is 6.44. The company completed dividends distribution on 2024-02-14.| Open | High | Low | Close | Volume | ||
| 04/26/2024 | 6.12 | 6.18 | 6.08 | 6.13 | 427,837 | |
| 04/25/2024 | 6.21 | 6.25 | 6.06 | 6.07 | 909,511 | |
| 04/24/2024 | 6.32 | 6.36 | 6.25 | 6.27 | 510,427 | |
| 04/23/2024 | 6.26 | 6.39 | 6.26 | 6.37 | 614,311 | |
| 04/22/2024 | 6.19 | 6.27 | 6.11 | 6.26 | 727,598 | |
| 04/19/2024 | 6.13 | 6.20 | 6.09 | 6.15 | 505,794 | |
| 04/18/2024 | 6.16 | 6.23 | 6.11 | 6.14 | 629,489 | |
| 04/17/2024 | 6.38 | 6.39 | 6.15 | 6.17 | 653,387 | |
| 04/16/2024 | 6.40 | 6.41 | 6.30 | 6.34 | 552,232 | |
| 04/15/2024 | 6.54 | 6.54 | 6.38 | 6.42 | 629,182 | |
| 04/12/2024 | 6.57 | 6.58 | 6.47 | 6.50 | 505,451 | |
| 04/11/2024 | 6.45 | 6.61 | 6.40 | 6.60 | 920,260 | |
| 04/10/2024 | 6.44 | 6.50 | 6.35 | 6.42 | 892,054 | |
| 04/09/2024 | 6.60 | 6.63 | 6.51 | 6.62 | 505,524 | |
| 04/08/2024 | 6.50 | 6.57 | 6.45 | 6.57 | 709,763 | |
| 04/05/2024 | 6.27 | 6.45 | 6.26 | 6.45 | 786,901 | |
| 04/04/2024 | 6.44 | 6.46 | 6.25 | 6.26 | 951,527 | |
| 04/03/2024 | 6.31 | 6.38 | 6.27 | 6.38 | 458,254 | |
| 04/02/2024 | 6.40 | 6.41 | 6.30 | 6.36 | 939,136 | |
| 04/01/2024 | 6.57 | 6.57 | 6.43 | 6.49 | 407,931 | |
| 03/29/2024 | 6.48 | 6.53 | 6.45 | 6.51 | 635,664 | |
| 03/28/2024 | 6.48 | 6.53 | 6.45 | 6.51 | 635,664 | |
| 03/27/2024 | 6.39 | 6.52 | 6.37 | 6.47 | 696,810 | |
| 03/26/2024 | 6.39 | 6.39 | 6.28 | 6.32 | 753,695 | |
| 03/25/2024 | 6.34 | 6.41 | 6.30 | 6.33 | 595,828 | |
| 03/22/2024 | 6.51 | 6.53 | 6.30 | 6.31 | 573,775 | |
| 03/21/2024 | 6.44 | 6.51 | 6.37 | 6.49 | 924,383 | |
| 03/20/2024 | 6.21 | 6.40 | 6.21 | 6.38 | 746,236 | |
| 03/19/2024 | 6.20 | 6.31 | 6.18 | 6.25 | 1,043,427 | |
| 03/18/2024 | 6.20 | 6.27 | 6.16 | 6.23 | 939,792 | |
| 03/15/2024 | 6.23 | 6.34 | 6.15 | 6.20 | 1,557,481 | |
| 03/14/2024 | 6.36 | 6.37 | 6.25 | 6.31 | 575,497 | |
| 03/13/2024 | 6.36 | 6.40 | 6.32 | 6.35 | 727,879 | |
| 03/12/2024 | 6.41 | 6.49 | 6.36 | 6.39 | 1,212,491 | |
| 03/11/2024 | 6.55 | 6.55 | 6.44 | 6.44 | 347,415 | |
| 03/08/2024 | 6.39 | 6.57 | 6.37 | 6.56 | 781,093 | |
| 03/07/2024 | 6.45 | 6.47 | 6.31 | 6.31 | 635,009 | |
| 03/06/2024 | 6.40 | 6.50 | 6.35 | 6.40 | 472,927 | |
| 03/05/2024 | 6.38 | 6.47 | 6.34 | 6.34 | 661,502 | |
| 03/04/2024 | 6.48 | 6.56 | 6.42 | 6.43 | 654,655 | |
| 03/01/2024 | 6.45 | 6.56 | 6.38 | 6.55 | 891,304 | |
| 02/29/2024 | 6.66 | 6.72 | 6.37 | 6.42 | 1,746,182 | |
| 02/28/2024 | 6.39 | 6.64 | 6.39 | 6.59 | 920,959 | |
| 02/27/2024 | 6.50 | 6.57 | 6.42 | 6.47 | 669,020 | |
| 02/26/2024 | 6.63 | 6.66 | 6.45 | 6.45 | 689,310 | |
| 02/23/2024 | 6.68 | 6.75 | 6.63 | 6.67 | 1,305,813 | |
| 02/22/2024 | 6.57 | 6.70 | 6.50 | 6.68 | 1,126,409 | |
| 02/21/2024 | 6.54 | 6.62 | 6.52 | 6.57 | 755,082 | |
| 02/20/2024 | 6.40 | 6.54 | 6.34 | 6.53 | 758,792 | |
| 02/16/2024 | 6.47 | 6.57 | 6.33 | 6.49 | 1,039,807 | |
| 02/15/2024 | 6.46 | 6.60 | 6.44 | 6.57 | 670,739 | |
| 02/14/2024 | 6.31 | 6.45 | 6.26 | 6.38 | 776,209 | |
| 02/13/2024 | 6.40 | 6.44 | 6.24 | 6.24 | 1,209,947 | |
| 02/12/2024 | 6.68 | 6.70 | 6.56 | 6.56 | 853,202 | |
| 02/09/2024 | 6.62 | 6.67 | 6.49 | 6.58 | 731,780 | |
| 02/08/2024 | 6.42 | 6.59 | 6.42 | 6.53 | 529,577 | |
| 02/07/2024 | 6.53 | 6.53 | 6.40 | 6.40 | 671,523 | |
| 02/06/2024 | 6.45 | 6.55 | 6.45 | 6.45 | 466,259 | |
| 02/05/2024 | 6.50 | 6.57 | 6.44 | 6.44 | 523,280 | |
| 02/02/2024 | 6.51 | 6.67 | 6.46 | 6.55 | 658,506 | |
| 02/01/2024 | 6.48 | 6.64 | 6.45 | 6.57 | 729,039 |
About Summit Hotel Stock history
Summit Hotel investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Summit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Summit Hotel Properties will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Summit Hotel stock prices may prove useful in developing a viable investing in Summit Hotel
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 105.5 M | 144 M | |
| Net Loss | -15.2 M | -14.5 M |
Summit Hotel Stock Technical Analysis
Summit Hotel technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Did you try this?
Run Portfolio Center Now
Portfolio CenterAll portfolio management and optimization tools to improve performance of your portfolios |
| All Next | Launch Module |
Summit Hotel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Summit Hotel's price direction in advance. Along with the technical and fundamental analysis of Summit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Summit to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.09) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Summit Hotel Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Summit Stock analysis
When running Summit Hotel's price analysis, check to measure Summit Hotel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Summit Hotel is operating at the current time. Most of Summit Hotel's value examination focuses on studying past and present price action to predict the probability of Summit Hotel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit Hotel's price. Additionally, you may evaluate how the addition of Summit Hotel to your portfolios can decrease your overall portfolio volatility.
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |
Is Summit Hotel's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Summit Hotel. If investors know Summit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Summit Hotel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.79) | Dividend Share 0.22 | Earnings Share (0.27) | Revenue Per Share 6.974 | Quarterly Revenue Growth 0.03 |
The market value of Summit Hotel Properties is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Hotel's value that differs from its market value or its book value, called intrinsic value, which is Summit Hotel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Summit Hotel's market value can be influenced by many factors that don't directly affect Summit Hotel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Summit Hotel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Hotel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Hotel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.