Apple Hospitality REIT (APLE) Shares are Down -1.91%

Apple Hospitality REIT (APLE) : During the past 4 weeks, traders have been relatively bearish on Apple Hospitality REIT (APLE), hence the stock is down -0.69% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.07% relative to the S&P 500. The 4-week change in the price of the stock is -1.23% and the stock has fallen -1.91% in the past 1 week.

The stock has recorded a 20-day Moving Average of 0.33% and the 50-Day Moving Average is 4.31%.The 200 Day SMA reached 1.4%

Apple

Apple Hospitality REIT (NYSE:APLE): After opening at $18.56, the stock dipped to an intraday low of $18.29 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $18.6 and the buying power remained strong till the end. The stock closed at $18.51 for the day, a gain of 0.22% for the day session. The total traded volume was 1,042,318. The stocks close on the previous trading day was $18.51.

Apple Hospitality REIT (APLE) : The consensus price target for Apple Hospitality REIT (APLE) is $17.67 for the short term with a standard deviation of $4.04. The most optimist securities analyst among the 3 who monitor the stock believes that the stock can reach $20, however, the pessimist price target for the company is $13.

Apple Hospitality REIT, Inc. is a real estate investment trust (REIT). The Company owns portfolios of upscale, select service hotels in the United States. The Companys portfolio is diversified across the Hilton and Marriott families of brands with locations in urban, suburban and developing markets. The Company operates approximately 177 hotels, with approximately 22,750 guestrooms under Courtyard by Marriott, Fairfield Inn by Marriott, Fairfield Inn & Suites by Marriott, Marriott Hotels & Resorts, Renaissance Hotels, Residence Inn by Marriott, SpringHill Suites by Marriott, TownePlace Suites by Marriott, Embassy Suites Hotels, Hampton Inn, Hampton Inn & Suites, Hilton, Hilton Garden Inn, Home2 Suites by Hilton and Homewood Suites by Hilton brands. The Company operates approximately 90 Marriott-branded hotels and 83 Hilton-branded hotels.

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