Sotherly Hotels (NASDAQ:SOHO) Now Covered by StockNews.com

Equities research analysts at StockNews.com began coverage on shares of Sotherly Hotels (NASDAQ:SOHO) in a research report issued to clients and investors on Tuesday. The firm set a “hold” rating on the real estate investment trust’s stock.

Sotherly Hotels Stock Performance

SOHO opened at $0.95 on Tuesday. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 7.16. Sotherly Hotels has a 12-month low of $0.86 and a 12-month high of $1.54. The business has a 50 day moving average of $1.05 and a 200-day moving average of $1.16. The stock has a market cap of $18.86 million, a price-to-earnings ratio of -2.88 and a beta of 1.55.

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.