Sotherly Hotels (NASDAQ:SOHO) Earns Hold Rating from Analysts at StockNews.com

Investment analysts at StockNews.com began coverage on shares of Sotherly Hotels (NASDAQ:SOHO) in a research note issued on Friday. The firm set a “hold” rating on the real estate investment trust’s stock.

Separately, Piper Sandler dropped their price target on shares of Sotherly Hotels from $2.00 to $1.50 and set a “neutral” rating for the company in a research note on Tuesday, September 3rd.

Sotherly Hotels Trading Up 3.6 %

Shares of SOHO opened at $0.94 on Friday. Sotherly Hotels has a 12-month low of $0.86 and a 12-month high of $1.65. The firm has a market capitalization of $18.62 million, a P/E ratio of -2.84 and a beta of 1.58. The firm has a 50-day moving average price of $1.15 and a 200 day moving average price of $1.21. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 7.16.

About Sotherly Hotels

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.