Set Your Sights On Service Properties Trust (NASDAQ: SVC)’S Upside Potential

Service Properties Trust (SVC) concluded trading on Thursday at a closing price of $2.74, with 3.98 million shares of worth about $10.91 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -46.90% during that period and on December 05, 2024 the price saw a loss of about -2.49%. Currently the company’s common shares owned by public are about 166.65M shares, out of which, 153.77M shares are available for trading.

Stock saw a price change of -1.79% in past 5 days and over the past one month there was a price change of -7.43%. Year-to-date (YTD), SVC shares are showing a performance of -67.92% which decreased to -63.47% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.47 but also hit the highest price of $8.72 during that period. The average intraday trading volume for Service Properties Trust shares is 1.95 million. The stock is currently trading -3.06% below its 20-day simple moving average (SMA20), while that difference is down -22.94% for SMA50 and it goes to -46.26% lower than SMA200.

Service Properties Trust (NASDAQ: SVC) currently have 166.65M outstanding shares and institutions hold larger chunk of about 77.64% of that.

The stock has a current market capitalization of $456.61M and its 3Y-monthly beta is at 2.20. It has posted earnings per share of -$1.47 in the same period. It has a debt-to-equity ratio of 5.98. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SVC, volatility over the week remained 4.25% while standing at 5.45% over the month.

Stock’s fiscal year EPS is expected to drop by -600.00% while it is estimated to increase by 81.79% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by HSBC Securities on October 23, 2023 offering a Hold rating for the stock and assigned a target price of $8 to it. Coverage by Oppenheimer stated Service Properties Trust (SVC) stock as a Perform in their note to investors on April 22, 2022, suggesting a price target of $8.50 for the stock. Stock get a Buy rating from B. Riley Securities on August 10, 2021.

Most Popular

Related Posts