InnSuites Hospitality Trust (NYSE:IHT) Earns Hold Rating from Analysts at StockNews.com

Equities researchers at StockNews.com began coverage on shares of InnSuites Hospitality Trust (NYSE:IHT) in a research report issued to clients and investors on Sunday. The firm set a “hold” rating on the stock.

InnSuites Hospitality Trust Stock Performance

InnSuites Hospitality Trust stock opened at $2.52 on Friday. InnSuites Hospitality Trust has a 1 year low of $1.25 and a 1 year high of $2.70. The company’s 50-day moving average is $2.23 and its two-hundred day moving average is $1.96. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 5.82. The company has a market cap of $22.09 million, a PE ratio of -25.20 and a beta of 0.21.

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.