The following stocks (NYSE:LHO, NYSE:STWD and NASDAQ:UNFI) are close to 52-week low. For information, the 52-week low serves as an indicator for potential investors. Investor’s will often determine the 52-week low for a stock when looking at its current price. If the price is near or approaching the 52-week low, investors might consider it a good time to buy because the stock could be undervalued. Also, the market could have overreacted to a company’s bad news. Hence, it is possible that stocks trading near their 52-week low could be worth buying.
LaSalle Hotel Properties (NYSE:LHO)(Trend analysis) shares traded close to their lowest level in a year. The Hotel & Motel REIT company’s share price is currently trading 0.14% above its 52-week-low. The 1-year stock price history is in the range of $27.65 – $43.56. LaSalle Hotel Properties is currently valued at $3.13 billion. The stock has a 50-day moving average of $29.82 and a 200-day moving average of $33.07.
There are currently nineteen analysts that cover LaSalle Hotel Properties stock. Of those nineteen, four have a Buy rating, fourteen have a Hold rating and one has a Sell rating. On a consensus basis this yields to a Hold rating. The consensus target price stands at $31.68.
The stock closed last trading session at $27.69, down by -0.32%.
Starwood Property Trust, Inc. (NYSE:STWD)(Trend analysis) shares were traded at $20.29, down by -0.25%, close to the 52-week low of $19.7, with a volume of 1,730,047 shares against an average volume for the last 3 months of 2,317,860. This represents a volume multiple of 0
Starwood Property Trust, Inc. (STWD) current short interest stands at 9.48 million shares. It has decreased by 21% from the same period of last month. Around 5% of the company’s shares, which are float, are short sold. With a 10-days average volume of 1.99 million shares, the number of days required to cover the short positions stand at 4.8 days.
A recent stock analyst activity consisted of Wells Fargo downgrading their Outperform rating to Market Perform on August 5.
United Natural Foods Inc (NASDAQ:UNFI)(Trend analysis) shares are also trading near the 52-week low of $43.91. The stock closed last trading session at $44.12, down by -0.18%, with a volume of 1,360,016 shares compared to an average volume for the last 3 months of 708,305. The year-to-date performance of the stock stands at -6.92%.
United Natural Foods Inc (UNFI) current short interest stands at 4.88 million shares. It has decreased by 4% from the same period of last month. Around 11% of the company’s shares, which are float, are short sold. With a 10-days average volume of 0.77 million shares, the number of days required to cover the short positions stand at 6.4 days.