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

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

InnSuites Hospitality Trust Stock Up 3.2 %

InnSuites Hospitality Trust stock opened at $2.23 on Friday. The firm has a market capitalization of $19.54 million, a P/E ratio of -37.16 and a beta of 0.19. The stock’s fifty day simple moving average is $2.11 and its 200-day simple moving average is $1.90. InnSuites Hospitality Trust has a twelve month low of $1.25 and a twelve month high of $2.36. The company has a current ratio of 1.22, a quick 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.