StockNews.com Begins Coverage on InnSuites Hospitality Trust (NYSE:IHT)

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

InnSuites Hospitality Trust Trading Down 1.1 %

NYSE IHT opened at $2.59 on Friday. The company has a market cap of $22.70 million, a price-to-earnings ratio of -43.16 and a beta of 0.21. InnSuites Hospitality Trust has a 52 week low of $1.25 and a 52 week high of $2.70. The business has a 50 day moving average price of $2.18 and a 200-day moving average price of $1.93. 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 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.