InnSuites Hospitality Trust (NYSE:IHT) Coverage Initiated by Analysts at StockNews.com

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

InnSuites Hospitality Trust Stock Performance

Shares of IHT opened at $2.61 on Friday. InnSuites Hospitality Trust has a 1 year low of $1.25 and a 1 year high of $2.70. The stock has a market capitalization of $22.87 million, a P/E ratio of -26.10 and a beta of 0.14. The company has a debt-to-equity ratio of 5.82, a quick ratio of 1.62 and a current ratio of 1.62. The company’s fifty day moving average is $2.53 and its two-hundred day moving average is $2.18.

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.