Hospitality Properties Trust stock performance trend indicates that the stock price has rallied 1.1% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 5.35% . Looking at the past 52 week period, the stock price is up at 21.59% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Hospitality Properties Trust has a positive value of 21.65 compared to overall market.Hospitality Properties Trust is having a Relative Strength Index of 51.66 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Hospitality Properties Trust (NASDAQ:HPT) rallied by 4.37% during the past week but lost 1.48% on a 4-week basis. The company has outperformed the S&P 500 by 4.12% in the past week but underperformed the index by 2.6% in the last 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. Hospitality Properties Trust (NASDAQ:HPT) : On Friday heightened volatility was witnessed in Hospitality Properties Trust (NASDAQ:HPT) which led to swings in the share price. The stock opened for trading at $31.14 and hit $31.51 on the upside , eventually ending the session at $31.31, with a gain of 0.9% or 0.28 points. The heightened volatility saw the trading volume jump to 1,457,930 shares. The 52-week high of the share price is $32.63 and the company has a market cap of $5,143 million. The 52-week low of the share price is at $24.62 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by FBR & Co. on Mar 6, 2017 to Outperform, Raises Price Target to $ 35 from a previous price target of $33 .
Hospitality Properties Trust Last issued its quarterly earnings results on Mar 1, 2017. The company reported $0.57 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.56. The company had revenue of $479.30 million for the quarter, compared to analysts expectations of $492.14 million. The companys revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.54 EPS.
Hospitality Properties Trust is a real estate investment trust. The company owns and leases hotels to unaffiliated hotel operators. The companys principal strategy is to expand its investments in hotels and to set minimum rents which produce income in excess of the companys cost of raising capital. The company seeks to provide capital to unaffiliated hotel operators who wish to divest their properties while remaining in the hotel business as tenants and in doing so, ensure stability of cash flow through dependable and diversified revenue sources.