InnSuites Hospitality Trust (NYSE:IHT) Now Covered by Analysts at StockNews.com

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

InnSuites Hospitality Trust Trading Up 0.5 %

IHT stock opened at $1.98 on Thursday. The company has a market capitalization of $17.37 million, a PE ratio of -33.00 and a beta of 0.13. InnSuites Hospitality Trust has a one year low of $1.11 and a one year high of $2.25. The company’s 50 day moving average price is $1.93 and its two-hundred day moving average price is $1.68. The company has a debt-to-equity ratio of 4.54, a quick ratio of 1.22 and a current ratio of 1.22.

About InnSuites Hospitality Trust

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.