Hersha Hospitality Trust Class A of Beneficial Interest (NYSE:HT) traded today at a new 52-week high of $12.87. So far today approximately 73,000 shares have been exchanged, as compared to an average 30-day volume of 531,000 shares.
Over the past year, Hersha Hospitality Trust Class A of Beneficial Interest has traded in a range of $2.30 to $12.87 and is now at $12.54, 445% above that low.
Hersha Hospitality Trust Class A of Beneficial Interest has overhead space with shares priced $12.54, or 2.4% below the average consensus analyst price target of $12.84.
Hersha Hospitality Trust is a self-advised real estate investment trust in the hospitality sector, which owns and operates high-quality upscale hotels in urban gateway markets. Its hotels are primarily located in the central business districts and dense metropolitan centers of New York City, Boston, Washington, DC, Philadelphia, Miami, Los Angeles, and San Diego. The company’s revenue streams include Hotel revenue and Other revenue. Room revenue comprises the majority of the firm’s total revenue.
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