SOHO Stock Summary and Trading Ideas (Sotherly Hotels | NASDAQ:SOHO)

Sotherly Hotels Inc is engaged in Hotel operations. The company is a self-managed and self-administered lodging real estate investment trust that was formed to own, acquire, renovate, and reposition full-service, upscale, and upper-upscale hotel properties located in primary markets in the mid-Atlantic and southern United States. It generates revenue through the rooms, food, beverage, and other services. Geographically, the group has its presence in the regions of Florida, Georgia, Indiana, Maryland, North Carolina, Pennsylvania, Texas, and Virginia.

Sotherly Hotels trades on the NASDAQ stock market under the symbol SOHO.

As of December 12, 2024, SOHO stock price was flat at $1.08 with 31,965 million shares trading.

SOHO has a beta of 0.60, meaning it tends to be less sensitive to market movements. SOHO has a correlation of 0.03 to the broad based SPY ETF.

SOHO has a market cap of $21.44 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, SOHO traded as high as $3.11 and as low as $.86.

The top ETF exchange traded funds that SOHO belongs to (by Net Assets): VTI, VXF.

SOHO has underperformed the market in the last year with a return of -23.4%, while the SPY ETF gained +32.3%. In the last 3 month period, SOHO fell short of the market, returning -8.5%, while SPY returned +9.3%. However, in the most recent 2 weeks SOHO has outperformed the stock market by returning +17.4%, while SPY returned +0.9%.

SOHO support price is $1.02 and resistance is $1.14 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SOHO shares will trade within this expected range on the day.