| (USD) | Sep 2023 | Q/Q |
|---|---|---|
| Revenue | 92MM | -6% |
| Operating Income | 8.4MM | -37% |
| Operating Expenses | 83.6MM | - |
| Net Income | 952K | -84% |
| G&A | 6MM | +5% |
| Professional Service | 204K | - |
| Amortization | 13.8MM | -2% |
| Interest Expense | 9MM | +2% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
O’keefe Stevens Advisory, an investment advisory firm, released its third-quarter 2023 investor letter. A copy of the same can be downloaded here. Although the major indices have posted positive gains for the year, this performance has been largely driven by a select group of stocks known as the “magnificent seven.” At the end of Q3, the […]
PHILADELPHIA, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, announced that it has set November 8, 2023 as the date for the special meeting of shareholders (the “Special Meeting”) to approve the previously announced acquisition by affiliates of KSL Capital Partners, LLC ("KSL"), a leading investor in travel and leisure businesses. The Special Meeting will be held virtua
PHILADELPHIA, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today announced its Board of Trustees has approved a cash dividend of $0.05 per common share and per limited partnership unit for the third quarter ending September 30, 2023. These common share dividends and limited partnership unit distributions are payable October 16, 2023 to holders of record as of Septemb
The waning days of summer proved to be difficult for U.S. markets and real estate investment trusts (REITs). Many popular REITs produced double-digit losses for the month, but some lesser-known REITs managed to produce healthy gains. Healthcare, office and hotel REITs were among the best-performing subsectors, but a few of the top performers achieved that ranking simply from being acquisition targets. Take a look at the best three well-performing REITs for August (closing prices as of Aug. 30) a
MercadoLibre upgraded, PagerDuty downgraded: Wall Street's top analyst calls
Wall Street reporters have a phrase to describe stocks that rise when another stock of the same sector reports excellent news. They write, "Other stocks rose in sympathy." These so-called sympathy stocks don't have any of their own news to propel them higher, but investors surmise that if one stock of a sector reports good news, others of the same ilk may soon follow suit. The result is investors buying shares and pushing the sympathy stock prices higher. This is especially true when a company i
In this article, we will take a look at the 10 stocks receiving a massive vote of approval from Wall Street analysts. If you want to see some more stocks on the list, go directly to 5 Stocks Receiving a Massive Vote of Approval From Wall Street Analysts. Global equities were poised to conclude August […]
Hersha agreed to be acquired by a private equity firm at a massive premium to Friday's closing price.
An in-depth analysis of Hersha Hospitality Trust's financial performance and market valuation
Understanding the Factors Limiting Growth for Hersha Hospitality Trust (HT)