SOHOO Stock Summary and Trading Ideas (Sotherly Hotels Inc. - 7.875% Series C Cumulative Redeemable Perpetual Preferred Stock | NASDAQ:SOHOO)

Sotherly Hotels Inc is engaged in the Hotel operation. 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, primarily 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 Inc. - 7.875% Series C Cumulative Redeemable Perpetual Preferred Stock trades on the NASDAQ stock market under the symbol SOHOO.

As of April 26, 2024, SOHOO stock price climbed to $19.14 with 155 million shares trading.

SOHOO has a market cap of $261.01 million. This is considered a Small Cap stock.

In the last 3 years, SOHOO stock traded as high as $25.75 and as low as $12.76.

SOHOO has underperformed the market in the last year with a return of -11.1%, while the SPY ETF gained +26.8%. In the last 3 month period, SOHOO fell short of the market, returning +3.3%, while SPY returned +4.5%. However, in the most recent 2 weeks SOHOO has outperformed the stock market by returning +2.6%, while SPY returned -1.9%.

SOHOO support price is $18.56 and resistance is $19.64 (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 SOHOO stock will trade within this expected range on the day.