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

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

InnSuites Hospitality Trust Price Performance

IHT stock opened at $2.24 on Wednesday. InnSuites Hospitality Trust has a one year low of $1.22 and a one year high of $2.36. The company’s fifty day moving average price is $2.04 and its 200-day moving average price is $1.86. The company has a debt-to-equity ratio of 4.54, a quick ratio of 1.22 and a current ratio of 1.22. The company has a market capitalization of $19.66 million, a PE ratio of -37.36 and a beta of 0.19.

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.