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

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

Separately, Piper Sandler decreased their target price on Sotherly Hotels from $2.00 to $1.50 and set a “neutral” rating on the stock in a report on Tuesday, September 3rd.

Sotherly Hotels Price Performance

Shares of SOHO stock opened at $1.02 on Friday. The company has a current ratio of 1.51, a quick 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 $1.65. The stock has a market cap of $20.25 million, a P/E ratio of -3.09 and a beta of 1.58. The company has a 50 day simple moving average of $1.12 and a two-hundred day simple moving average of $1.19.

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.