Today, a Director at Chatham Lodging (NYSE: CLDT), Gerald Goldsmith, sold shares of CLDT for $38.97K.
Following Gerald Goldsmith’s last CLDT Sell transaction on March 06, 2018, the stock climbed by 3.7%.
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Based on Chatham Lodging’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $86.59 million and quarterly net profit of $13.3 million. In comparison, last year the company earned revenue of $77.91 million and had a net profit of $4.97 million. CLDT’s market cap is $1.01B and the company has a P/E ratio of 26.40. Currently, Chatham Lodging has an average volume of 168.4K.
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Chatham Lodging Trust engages in the acquisition and investment in hotel properties. It focuses on the upscale extended-stay and premium branded select-service hotels. The company was founded on October 26, 2009 and is headquartered in West Palm Beach, FL.
