InnSuites Hospitality Trust (NYSE:IHT) Coverage Initiated at StockNews.com

StockNews.com started coverage on shares of InnSuites Hospitality Trust (NYSE:IHT – Get Rating) in a research report issued on Wednesday. The firm set a “hold” rating on the stock.

Shares of IHT opened at $2.83 on Wednesday. The company has a debt-to-equity ratio of 2.50, a quick ratio of 0.70 and a current ratio of 0.70. The company has a 50-day moving average price of $3.22. The firm has a market cap of $25.58 million, a P/E ratio of -28.30 and a beta of 0.06. InnSuites Hospitality Trust has a one year low of $1.90 and a one year high of $14.77.

About InnSuites Hospitality Trust (Get Rating)

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. InnSuites® Hotels and Suites has owned real estate and hotels and provided hotel services including management, branding, and reservations to hotels under the brand name InnSuites trademarked and owned by IHT over 40 years by being innovators for guest needs and recognizing hotel membership demands.

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