Sotherly Hotels (NASDAQ:SOHO) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of Sotherly Hotels (NASDAQ:SOHO) in a research report sent to investors on Thursday morning. The brokerage issued a hold rating on the real estate investment trust’s stock.

Sotherly Hotels Stock Up 2.8 %

Shares of SOHO stock opened at $0.85 on Thursday. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 7.16. The stock has a market cap of $16.93 million, a P/E ratio of -2.59 and a beta of 1.55. Sotherly Hotels has a 52 week low of $0.81 and a 52 week high of $1.54. The company’s fifty day simple moving average is $0.95 and its two-hundred day simple moving average is $1.13.

Sotherly Hotels (NASDAQ:SOHO) last announced its earnings results on Tuesday, November 12th. The real estate investment trust reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.30). Sotherly Hotels had a net margin of 0.92% and a return on equity of 3.48%. The business had revenue of $40.70 million for the quarter, compared to analysts’ expectations of $42.00 million. Analysts predict that Sotherly Hotels will post 0.55 EPS for the current fiscal year.

Sotherly Hotels Company Profile

Sotherly Hotels Inc is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Sotherly may also opportunistically acquire hotels throughout the United States.