Sotherly Hotels (NASDAQ:SOHOB) Trading 0.5% Higher – Still a Buy?

Company Overview - Sotherly Hotels, Inc is a publicly traded real estate investment trust (REIT) that invests in and owns a diversified portfolio of hospitality properties throughout the United States [2] - The company holds interests in full-service and select-service hotels operating under major brand franchises, including Marriott, Hilton, Hyatt, and IHG [2] - Core business activities include acquisition, financing, management, and disposition of lodging assets, focusing on generating stable income through long-term lease and management agreements [2] Portfolio Strategy - Since its formation in early 2019, Sotherly Hotels has pursued a strategy of portfolio expansion and diversification by acquiring properties in key leisure and urban markets [3] Stock Performance - Sotherly Hotels' stock price increased by 0.5% on a recent trading day, reaching a high of $17.04 and last trading at $16.97 [5] - The trading volume was 19,943 shares, which is an increase of 257% from the average session volume of 5,594 shares [5] - The stock had previously closed at $16.88 [5] Price Metrics - The stock's 50-day moving average price is $16.96 and its 200-day moving average price is $14.75 [1]