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

Stock analysts at StockNews.com began coverage on shares of InnSuites Hospitality Trust (NYSE:IHT) in a research report issued on Friday. The firm set a “hold” rating on the stock.

InnSuites Hospitality Trust Stock Up 1.1 %

NYSE IHT opened at $1.94 on Friday. The stock’s 50-day moving average price is $1.94 and its 200-day moving average price is $1.70. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 4.54. InnSuites Hospitality Trust has a 52 week low of $1.15 and a 52 week high of $2.25. The company has a market capitalization of $16.99 million, a P/E ratio of -32.28 and a beta of 0.13.

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.