When Is The Right Time To Get Involved In Apple Hospitality REIT, Inc. (APLE)?

Apple Hospitality REIT, Inc. (APLE) has seen some recent action in the market and its shares finished trading at $8.24 yesterday. Traders are starting to take interest of APLE as the shares traded as high as $8.39 and as low as $7.14 in the previous market day.

Apple Hospitality REIT, Inc. (APLE) average trading volume is 4.07M. However, in the previous market day Apple Hospitality REIT, Inc. (APLE) traded 3,383,040 shares. The first downside support level on APLE is $6.91 and the first upside resistance level on APLE is $15.90. APLE 50-day moving average is $8.55 and APLE 200-day moving average is $13.09.

Apple Hospitality REIT, Inc. (APLE) current performance has been specified by the recent movement in APLE shares. APLE has performed -1.44% over the past 30 days, APLE has performed -45.75% over the past quarter and APLE has shown -50.42% over the past 12 months. Apple Hospitality REIT, Inc. (APLE) has a 1 year range of $4.48 to $16.88. Apple Hospitality REIT, Inc. (APLE) is trading 83.93% from its 1 year low and -51.17% from its 1 year high. Apple Hospitality REIT, Inc. (APLE) is showing a 4.01% short float showing the sum short in the float.

APLE has 211.85M shares outstanding and 208.36M shares in the float. Apple Hospitality REIT, Inc. (APLE) at this time has a market cap of $1.75B and income of $171.90M. The EPS next quarter for APLE is 0.04 and projected EPS net year is 17.00%. The market cap of Apple Hospitality REIT, Inc. (APLE) at $1.75B signifies how many Traders own shares of APLE and is calculated off the last price ($8.24) of APLE and the sum of shares outstanding (211.85M) with Apple Hospitality REIT, Inc. (APLE).

Apple Hospitality REIT, Inc. (APLE) has aggregate cash (mrq) of 4.86M, aggregate cash per share (mrq) of 0.02, aggregate debt of APLE is at 1.56B and aggregate debt/equity (mrq) is 47.36. Apple Hospitality REIT, Inc. (APLE) operational cash flow (ttm) is 381.67M and APLE leveraged free cash flow (ttm) is 286.08M.

APLE is trading -3.82% below (bearish) its SMA20, -4.62% below (bearish) its SMA50 and -41.17% below (bearish) its SMA200.

Recent News:

In recent news, on May 6, 2020, Apple Hospitality REIT Announces Dates for First Quarter 2020 Earnings Release and Conference Call. In this news it is stated, Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company”) today announced that it plans to report first quarter 2020 financial results after the market closes on Monday, May 18, 2020, and host a conference call for investors and interested parties at 10:00 a.m. Eastern Time on Tuesday, May 19, 2020, to discuss the results. The conference call will be accessible by telephone and the internet. To access the call, participants from within the U.S. should dial 877-407-9039, and participants from outside the U.S. should dial 201-689-8470. Participants may also access the call via live webcast by visiting the Investor Information section of the Company’s website at ir.applehospitalityreit.com.

About Apple Hospitality REIT, Inc. (APLE):

Apple Hospitality REIT, Inc. is a real estate investment trust. Its portfolio consists of hotels, guest rooms and resorts.