InnSuites Hospitality Trust (NYSE:IHT) Receives New Coverage from Analysts at StockNews.com

Research analysts at StockNews.com began coverage on shares of InnSuites Hospitality Trust (NYSE:IHT) in a research note issued to investors on Wednesday. The brokerage set a “hold” rating on the stock.

InnSuites Hospitality Trust Stock Performance

Shares of InnSuites Hospitality Trust stock opened at $1.97 on Wednesday. InnSuites Hospitality Trust has a 12 month low of $1.11 and a 12 month high of $2.25. The firm has a market capitalization of $17.28 million, a P/E ratio of -32.83 and a beta of 0.13. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 4.54. The business has a fifty day simple moving average of $1.90 and a two-hundred day simple moving average of $1.67.

InnSuites Hospitality Trust Company Profile

InnSuites Hospitality Trust (NYSE American symbol: IHT) first listed on the NYSE in 1971 is headquartered in Phoenix, Arizona is an unincorporated Ohio Business. Trust that owns and manages hotels under the InnSuites Hotels name. IHT qualifies as a Real Estate Investment Trust (REIT) for tax treatment currently taxed as a corporation with the IRS.