Shares of Extended Stay America Inc. (NASDAQ:STAY) traded today at $20.03, eclipsing its 52-week high. Approximately 1.2 million shares have changed hands today, as compared to an average 30-day volume of 3.8 million shares.
In the past 52 weeks, shares of Extended Stay America Inc. have traded between a low of $6.26 and a high of $20.03 and is now at $20.00, which is 219% above that low price.
Extended Stay America Inc. (NASDAQ:STAY) defies analysts with a current price ($20.00) 3.1% above its average consensus price target of $19.38.
Extended Stay America Inc. owns and operates hotels in North America. It operates in the extended-stay lodging industry in two segments: Owned hotels, and Franchise and management. Nearly all revenue comes from company-owned hotel properties throughout the United States. End customers include business travelers, vacation travelers, relocating persons, and temporarily displaced persons. Reservations are made directly on property, through a call center, online, and through third-party and travel agencies. All hotels operate under the Extended Stay America brand name.
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