Strategic Hotel Stock Hits New 52-Week Low (BEE) - TheStreet.com

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NEW YORK (TheStreet) -- Strategic Hotel & Resorts (NYSE:BEE) hit a new 52-week low Monday as it is currently trading at $4.04, below its previous 52-week low of $4.05 with 1.2 million shares traded as of 2:45 p.m. ET. Average volume has been 1.9 million shares over the past 30 days. Strategic Hotel has a market cap of $861.3 million and is part of the financial sector and real estate industry. Shares are down 18.5% year to date as of the close of trading on Friday. Strategic Hotels & Resorts, Inc., a self-administered and self-managed real estate investment trust (REIT), engages in the ownership and asset management of upper upscale and luxury hotels in North America and Europe.

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TheStreet Ratings rates Strategic Hotel as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, weak operating cash flow and poor profit margins. You can view the full Strategic Hotel Ratings Report. See all 52-week low stocks or get investment ideas from our investment research center.

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04 Oct, 2011

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