Extended Stay America (NASDAQ:STAY) stock identified change of 41.50% away from 52-week low price and recently located move of -59.65% off 52-week high price. It has market worth of $1.38B and dividend yield of 12.15%. STAY stock has been recorded -32.44% away from 50 day moving average and -46.27% away from 200 day moving average. Moving closer, we can see that shares have been trading -10.00% off 20-day moving average.
On March 27, 2020, Extended Stay America (NASDAQ:STAY) declared that Simon M. Turner has been appointed to its Board of Directors as an independent director effective March 26, 2020. Mr. Turner is the Founder and Principal of Alpha Lodging Partners, formed in 2017 to make selective investments and to provide strategic, asset management and transactional advisory services to hospitality sector companies, boards and investors. He previously served as President, Global Development of Starwood Hotels & Resorts Worldwide from 2008 to 2016, where he was responsible for global development activities of ten brands, including management and franchise growth and real estate development and dispositions, and served as an executive member of management. Prior to joining Starwood, Mr. Turner, held a series of positions with Hotel Capital Advisers and Salomon Brothers Inc. He currently serves as a board member of Carey Watermark Investors 1, a non-traded REIT. He also serves on the Supervisory Board of Steigenberger AG, a European hotel company wholly owned by Huazhu Group Limited (NASDAQ). His prior board service has included serving as a director of ClubCorp Holdings, Fairmont Raffles Hotels International and Four Seasons Hotels
ESH Hospitality’s President and Chief Executive Officer, Bruce Haase, said, We are delighted to welcome Simon Turner to our Board of Directors. The board conducted an exhaustive search for someone who would further strengthen our board’s breadth of talent and background, and we are delighted to have identified such an outstanding individual. Simon brings significant hospitality expertise to the Board including brand development, asset management, franchising, mergers and acquisitions and financing. We appreciate his willingness to serve as a director and look forward to benefitting from his judgment and counsel as he helps us further to drive shareholder value.
The Services sector company, Extended Stay America noticed change of 2.71% to $7.57 along volume of 2079672 shares in recent session compared to an average volume of 3.04M. The stock observed return of 6.92% in 5 days trading activity. The stock was at -30.74% over one month performance. STAY’s shares are at -48.68% for the quarter and driving a -58.41% return over the course of the past year and is now at -49.06% since this point in 2018.
The average volatility for the week at 13.40% and for month was at 12.62%. There are 182.00M shares outstanding and 175.35M shares are floated in market. Right now the stock beta is 1.57.