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

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

InnSuites Hospitality Trust Stock Down 2.0 %

NYSE:IHT opened at $2.15 on Tuesday. 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 12-month low of $1.22 and a 12-month high of $2.36. The stock’s fifty day simple moving average is $2.00 and its 200-day simple moving average is $1.82. The firm has a market capitalization of $18.86 million, a P/E ratio of -35.83 and a beta of 0.19.

About InnSuites Hospitality Trust

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.